15, FINSBURY ROAD, LUTON, LU4 9AH - £282,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 FINSBURY ROAD is a very small detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £375,025. It was last sold for £282,000 in February 2016, which was around 19% below the average February 2016 detached price in the Luton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

15 FINSBURY ROAD Sold Prices

Land registry data shows two sales for 15 FINSBURY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 15 FINSBURY ROAD sales were for 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
2016 5 FEB	£282,000	£346,905	19% below HPI
2000 24 OCT	£106,000	£133,062	20% below HPI

15 FINSBURY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The two 15 FINSBURY ROAD sales from October 2000 and February 2016 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 October 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2016 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 15 FINSBURY ROAD be worth now?

15 FINSBURY ROAD might now be worth an estimated £375,025.

This is based on house price inflation of 33%, between February 2016 and February 2025, for 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 33% inflationary increase is applied to the most recent sale price for 15 FINSBURY ROAD of £282,000 on 5th February 2016. For the value to have increased from £282,000 to £375,025 over the nine years to February 2025, the following assumptions must hold true:

• The value of 15 FINSBURY ROAD has moved in line with the HPI for detached houses in the Luton local authority area.
• The February 2016 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FINSBURY ROAD has not materially changed since February 2016.

How Large is 15 FINSBURY ROAD?

15 FINSBURY ROAD is 82m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 15 FINSBURY ROAD lies on this distribution: 16% of detached houses houses are smaller than 15 FINSBURY ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Luton.

15 FINSBURY ROAD: Plot and Title Map

15 FINSBURY ROAD sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 15 FINSBURY ROAD, 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 FINSBURY ROAD). 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 FINSBURY ROAD?

15 FINSBURY ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 15 on FINSBURY ROAD.