156, OAKLEY ROAD, LUTON, LU4 9QA - £249,000

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

156 OAKLEY ROAD is a small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £249,000 in July 2017, which was around 38% below the average July 2017 detached price in the Luton local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

156 OAKLEY ROAD Sold Prices

Land registry data shows three sales for 156 OAKLEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 156 OAKLEY 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
2017 7 JUL	£249,000	£400,357	38% below HPI
2007 12 OCT	£225,000	£269,808	17% below HPI
2007 16 MAR	£156,000	£250,999	38% below HPI

156 OAKLEY 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 three 156 OAKLEY ROAD sales between March 2007 and July 2017 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 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 156 OAKLEY ROAD?

156 OAKLEY ROAD is 90m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 156 OAKLEY ROAD lies on this distribution: 26% of detached houses are smaller than 156 OAKLEY ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Luton.

156 OAKLEY ROAD: Plot and Title Map

156 OAKLEY ROAD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 156 OAKLEY 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 156 OAKLEY 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 156 OAKLEY ROAD?

156 OAKLEY ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 156 on OAKLEY ROAD.