16, FARMBROOK, LUTON, LU2 7SQ - £300,000

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

16 FARMBROOK is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £300,000 in February 2019, which was around 41% below the average February 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

16 FARMBROOK Sold Prices

Land registry data shows two sales for 16 FARMBROOK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 16 FARMBROOK 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
2019 15 FEB	£300,000	£506,998	41% below HPI
2017 15 DEC	£272,000	£501,202	46% below HPI

16 FARMBROOK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 16 FARMBROOK sales from December 2017 and February 2019 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 December 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2019 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 16 FARMBROOK?

16 FARMBROOK is 70m² according to the EPC inspection conducted in September 2017. 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 FARMBROOK lies on this distribution: 6% of detached houses are smaller than 16 FARMBROOK, and 94% of houses are larger. Note that EPC data is not available for all properties in Luton.

16 FARMBROOK: Plot and Title Map

16 FARMBROOK sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 16 FARMBROOK, 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 FARMBROOK). 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 FARMBROOK?

16 FARMBROOK is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 16 on FARMBROOK.