16, BALMORE WOOD, LUTON, LU3 4EP - £210,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 BALMORE WOOD is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £210,000 in April 2013, which was around 15% below the average April 2013 detached price in the Luton local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

16 BALMORE WOOD Sold Prices

Land registry data shows two sales for 16 BALMORE WOOD 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 16 BALMORE WOOD 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
2013 3 APR	£210,000	£246,771	15% below HPI
1998 3 JUL	£87,500	£91,460	4% below HPI

16 BALMORE WOOD 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 16 BALMORE WOOD sales from July 1998 and April 2013 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 July 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2013 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 BALMORE WOOD?

16 BALMORE WOOD is 68m² according to the EPC inspection conducted in April 2009. 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 16 BALMORE WOOD lies on this distribution: 6% of detached houses are smaller than 16 BALMORE WOOD, and 94% of houses are larger. Note that EPC data is not available for all properties in Luton.

16 BALMORE WOOD: Plot and Title Map

16 BALMORE WOOD sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 16 BALMORE WOOD, 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 16 BALMORE WOOD). 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 16 BALMORE WOOD?

16 BALMORE WOOD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 16 on BALMORE WOOD.