18, KILMARNOCK DRIVE, LUTON, LU2 7YP - £350,000

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 KILMARNOCK DRIVE is a small detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £423,137. It was last sold for £350,000 in February 2017, which was around 8% below the average February 2017 detached price in the Luton local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

18 KILMARNOCK DRIVE Sold Prices

Land registry data shows three sales for 18 KILMARNOCK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. One of the three 18 KILMARNOCK DRIVE sales was for below the average price, whilst two 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
2017 17 FEB	£350,000	£381,601	8% below HPI
2002 19 DEC	£214,995	£200,743	7% above HPI
1997 9 MAY	£95,500	£80,086	19% above HPI

18 KILMARNOCK 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 three 18 KILMARNOCK DRIVE sales between May 1997 and February 2017 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 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 18 KILMARNOCK DRIVE be worth now?

18 KILMARNOCK DRIVE might now be worth an estimated £423,137.

This is based on house price inflation of 20.9%, between February 2017 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 20.9% inflationary increase is applied to the most recent sale price for 18 KILMARNOCK DRIVE of £350,000 on 17th February 2017. For the value to have increased from £350,000 to £423,137 over the eight years to February 2025, the following assumptions must hold true:

• The value of 18 KILMARNOCK DRIVE has moved in line with the HPI for detached houses in the Luton local authority area.
• The February 2017 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 18 KILMARNOCK DRIVE has not materially changed since February 2017.

How Large is 18 KILMARNOCK DRIVE?

18 KILMARNOCK DRIVE is 99m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% 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 KILMARNOCK DRIVE lies on this distribution: 38% of detached houses houses are smaller than 18 KILMARNOCK DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Luton.

18 KILMARNOCK DRIVE: Plot and Title Map

18 KILMARNOCK DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 18 KILMARNOCK 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 18 KILMARNOCK 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 18 KILMARNOCK DRIVE?

18 KILMARNOCK DRIVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 18 on KILMARNOCK DRIVE.