15, LINACRES, LUTON, LU4 9XP - £333,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 LINACRES is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £333,000 in September 2018, which was around 19% below the average September 2018 detached price in the Luton local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

15 LINACRES Sold Prices

Land registry data shows two sales for 15 LINACRES 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 LINACRES 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
2018 14 SEP	£333,000	£408,628	19% below HPI
2014 16 SEP	£270,000	£278,786	3% below HPI

15 LINACRES 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 LINACRES sales from September 2014 and September 2018 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 September 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 15 LINACRES?

15 LINACRES is 81m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 15 LINACRES lies on this distribution: 15% of detached houses are smaller than 15 LINACRES, and 84% of houses are larger. Note that EPC data is not available for all properties in Luton.

15 LINACRES: Plot and Title Map

15 LINACRES sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 15 LINACRES, 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 LINACRES). 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 LINACRES?

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