17, CHARTWELL DRIVE, LUTON, LU2 7JD - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 CHARTWELL DRIVE is a very large extended detached house of 146m², built sometime between 1967 and 1975. It was last sold for £475,000 in March 2020, which was around 21% above the average March 2020 detached price in the Luton local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

17 CHARTWELL DRIVE Sold Prices

Land registry data shows two sales for 17 CHARTWELL DRIVE 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 17 CHARTWELL DRIVE sales were for above 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
2020 12 MAR	£475,000	£393,926	21% above HPI
1996 12 NOV	£110,000	£74,902	47% above HPI

17 CHARTWELL DRIVE 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 17 CHARTWELL DRIVE sales from November 1996 and March 2020 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 November 1996 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the March 2020 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 17 CHARTWELL DRIVE be worth now?

17 CHARTWELL DRIVE might now be worth an estimated £562,762.

This is based on house price inflation of 18.5%, between March 2020 and December 2024, for 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 18.5% inflationary increase is applied to the most recent sale price for 17 CHARTWELL DRIVE of £475,000 on 12th March 2020. For the value to have increased from £475,000 to £562,762 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 17 CHARTWELL DRIVE has moved in line with the HPI for detached houses in the Luton local authority area.
• The March 2020 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CHARTWELL DRIVE has not materially changed since March 2020.

How Large is 17 CHARTWELL DRIVE?

17 CHARTWELL DRIVE is 146m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 20% of detached houses houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 17 CHARTWELL DRIVE lies on this distribution: 83% of detached houses houses are smaller than 17 CHARTWELL DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Luton.

17 CHARTWELL DRIVE: Plot and Title Map

17 CHARTWELL DRIVE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 17 CHARTWELL DRIVE, 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 17 CHARTWELL DRIVE). 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 17 CHARTWELL DRIVE?

17 CHARTWELL DRIVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 17 on CHARTWELL DRIVE.