17, GRASMERE ROAD, LUTON, LU3 2DT - £435,000

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.

17 GRASMERE ROAD is a large detached house of 129m², built sometime between 1950 and 1966, which could now be worth an estimated £509,834. It was last sold for £435,000 in October 2019, which was around 11% above the average October 2019 detached price in the Luton local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was D.

17 GRASMERE ROAD Sold Prices

Land registry data shows two sales for 17 GRASMERE ROAD 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 GRASMERE ROAD 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
2019 25 OCT	£435,000	£393,625	11% above HPI
1995 19 SEP	£101,000	£74,673	35% above HPI

17 GRASMERE 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 two 17 GRASMERE ROAD sales from September 1995 and October 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 September 1995 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2019 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 17 GRASMERE ROAD be worth now?

17 GRASMERE ROAD might now be worth an estimated £509,834.

This is based on house price inflation of 17.2%, between October 2019 and February 2025, 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 17.2% inflationary increase is applied to the most recent sale price for 17 GRASMERE ROAD of £435,000 on 25th October 2019. For the value to have increased from £435,000 to £509,834 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 17 GRASMERE ROAD has moved in line with the HPI for detached houses in the Luton local authority area.
• The October 2019 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 17 GRASMERE ROAD has not materially changed since October 2019.

How Large is 17 GRASMERE ROAD?

17 GRASMERE ROAD is 129m² according to the EPC inspection conducted in August 2018. This puts it in the largest 30% 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 GRASMERE ROAD lies on this distribution: 72% of detached houses houses are smaller than 17 GRASMERE ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Luton.

17 GRASMERE ROAD: Plot and Title Map

17 GRASMERE ROAD sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 17 GRASMERE 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 17 GRASMERE 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 17 GRASMERE ROAD?

17 GRASMERE ROAD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 17 on GRASMERE ROAD.