18, BALMORE WOOD, LUTON, LU3 4EP - £193,000

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.

18 BALMORE WOOD is a very small detached house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £375,450. It was last sold for £193,000 in August 2006, which was around 19% below the average August 2006 detached price in the Luton local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

18 BALMORE WOOD Sold Prices

Land registry data shows two sales for 18 BALMORE WOOD 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 18 BALMORE WOOD 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
2006 1 AUG	£193,000	£237,152	19% below HPI
1997 30 JAN	£67,500	£73,855	9% below HPI

18 BALMORE WOOD 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 18 BALMORE WOOD sales from January 1997 and August 2006 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 January 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2006 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 18 BALMORE WOOD be worth now?

18 BALMORE WOOD might now be worth an estimated £375,450.

This is based on house price inflation of 94.5%, between August 2006 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 94.5% inflationary increase is applied to the most recent sale price for 18 BALMORE WOOD of £193,000 on 1st August 2006. For the value to have increased from £193,000 to £375,450 over the nineteen years and six months to February 2025, the following assumptions must hold true:

• The value of 18 BALMORE WOOD has moved in line with the HPI for detached houses in the Luton local authority area.
• The August 2006 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BALMORE WOOD has not materially changed since August 2006.

How Large is 18 BALMORE WOOD?

18 BALMORE WOOD is 66m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% 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 18 BALMORE WOOD lies on this distribution: 4% of detached houses houses are smaller than 18 BALMORE WOOD, and 96% of houses are larger. Note that EPC data is not available for all properties in Luton.

18 BALMORE WOOD: Plot and Title Map

18 BALMORE WOOD sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 18 BALMORE WOOD, 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 18 BALMORE WOOD). 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 18 BALMORE WOOD?

18 BALMORE WOOD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 18 on BALMORE WOOD.