159, ROMAN ROAD, LUTON, LU4 9SE - £195,000

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

159 ROMAN ROAD is a very small detached house of 55m², built sometime between 1950 and 1966. It was last sold for £195,000 in July 2016, which was around 47% below the average July 2016 detached price in the Luton local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

159 ROMAN ROAD Sold Prices

Land registry data shows four sales for 159 ROMAN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 159 ROMAN 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 4 JUL	£195,000	£368,838	47% below HPI
2004 5 FEB	£124,000	£220,486	44% below HPI
2000 24 MAR	£90,000	£117,659	24% below HPI
1997 14 APR	£48,000	£78,874	39% below HPI

159 ROMAN 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 four 159 ROMAN ROAD sales between April 1997 and July 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 February 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2016 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 159 ROMAN ROAD?

159 ROMAN ROAD is 55m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 159 ROMAN ROAD lies on this distribution: 1% of detached houses are smaller than 159 ROMAN ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

159 ROMAN ROAD: Plot and Title Map

159 ROMAN ROAD sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 159 ROMAN 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 159 ROMAN 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 159 ROMAN ROAD?

159 ROMAN ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 159 on ROMAN ROAD.