16, VENETIA ROAD, LUTON, LU2 7XD - £50,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 VENETIA ROAD is a very small semi-detached house of 69m², built sometime between 1900 and 1929, which could now be worth an estimated £337,911. It was last sold for £50,000 in December 1996, which was around 4% above the average December 1996 semi-detached price in the Luton local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

16 VENETIA ROAD Sold Prices

Land registry data shows three sales for 16 VENETIA ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. One of the three 16 VENETIA ROAD sales was for above the average price, whilst two 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
1996 20 DEC	£50,000	£48,011	4% above HPI
1996 11 DEC	£41,200	£48,011	14% below HPI
1996 20 NOV	£41,200	£48,189	15% below HPI

16 VENETIA ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The three 16 VENETIA ROAD sales between November 1996 and December 1996 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 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 1996 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 16 VENETIA ROAD be worth now?

16 VENETIA ROAD might now be worth an estimated £337,911.

This is based on house price inflation of 575.8%, between December 1996 and March 2025, for semi-detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 575.8% inflationary increase is applied to the most recent sale price for 16 VENETIA ROAD of £50,000 on 20th December 1996. For the value to have increased from £50,000 to £337,911 over the 29 years and nine months to March 2025, the following assumptions must hold true:

• The value of 16 VENETIA ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The December 1996 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 16 VENETIA ROAD has not materially changed since December 1996.

How Large is 16 VENETIA ROAD?

16 VENETIA ROAD is 69m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 16 VENETIA ROAD lies on this distribution: 6% of semi-detached houses houses are smaller than 16 VENETIA ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Luton.

16 VENETIA ROAD: Plot and Title Map

16 VENETIA ROAD sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 16 VENETIA 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 16 VENETIA 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 16 VENETIA ROAD?

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