15, DERWENT AVENUE, LUTON, LU3 2DX - £168,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 DERWENT AVENUE is a very small extended semi-detached house of 60m², built sometime between 1950 and 1966. It was last sold for £168,000 in September 2006, which was about the average September 2006 semi-detached price in the Luton local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

15 DERWENT AVENUE Sold Prices

Land registry data shows three sales for 15 DERWENT AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. The three 15 DERWENT AVENUE sales were a mix of roughly equal to the average price, above the average price, and below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 6 SEP	£168,000	£167,949	Close to HPI
2005 23 FEB	£205,000	£158,224	30% above HPI
2003 16 MAY	£127,000	£139,454	9% below HPI

15 DERWENT AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The three 15 DERWENT AVENUE sales between May 2003 and September 2006 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2005 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2006 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 15 DERWENT AVENUE be worth now?

15 DERWENT AVENUE might now be worth an estimated £326,189.

This is based on house price inflation of 94.2%, between September 2006 and December 2024, for semi-detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 94.2% inflationary increase is applied to the most recent sale price for 15 DERWENT AVENUE of £168,000 on 6th September 2006. For the value to have increased from £168,000 to £326,189 over the seventeen years and nine months to December 2024, the following assumptions must hold true:

• The value of 15 DERWENT AVENUE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The September 2006 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 15 DERWENT AVENUE has not materially changed since September 2006.

How Large is 15 DERWENT AVENUE?

15 DERWENT AVENUE is 60m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 15 DERWENT AVENUE lies on this distribution: 2% of semi-detached houses houses are smaller than 15 DERWENT AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Luton.

15 DERWENT AVENUE: Plot and Title Map

15 DERWENT AVENUE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 15 DERWENT AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 DERWENT AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 DERWENT AVENUE?

15 DERWENT AVENUE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 15 on DERWENT AVENUE.