17, THE FURROWS, LUTON, LU3 2LF - £275,000

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 THE FURROWS is a very small semi-detached house of 73m², built sometime between 1930 and 1949. It was last sold for £275,000 in February 2020, which was around 3% above the average February 2020 semi-detached price in the Luton local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

17 THE FURROWS Sold Prices

Land registry data shows four sales for 17 THE FURROWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. two of the four 17 THE FURROWS sales were for above the average price, and four 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
2020 14 FEB	£275,000	£267,456	3% above HPI
2016 9 SEP	£285,000	£255,663	11% above HPI
2008 20 AUG	£140,000	£177,362	21% below HPI
2003 7 NOV	£40,000	£142,663	72% below HPI

17 THE FURROWS 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 four 17 THE FURROWS sales between November 2003 and February 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 September 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2020 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 17 THE FURROWS be worth now?

17 THE FURROWS might now be worth an estimated £335,288.

This is based on house price inflation of 21.9%, between February 2020 and December 2024, 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 21.9% inflationary increase is applied to the most recent sale price for 17 THE FURROWS of £275,000 on 14th February 2020. For the value to have increased from £275,000 to £335,288 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 17 THE FURROWS has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The February 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 17 THE FURROWS has not materially changed since February 2020.

How Large is 17 THE FURROWS?

17 THE FURROWS is 73m² according to the EPC inspection conducted in July 2015. 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 17 THE FURROWS lies on this distribution: 8% of semi-detached houses houses are smaller than 17 THE FURROWS, and 92% of houses are larger. Note that EPC data is not available for all properties in Luton.

17 THE FURROWS: Plot and Title Map

17 THE FURROWS sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 17 THE FURROWS, 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 THE FURROWS). 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 THE FURROWS?

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