18, LONDON ROAD, LUTON, LU1 3UQ - £670,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 LONDON ROAD is a very large extended detached house of 280m², built sometime between 1900 and 1929. It was last sold for £670,000 in March 2019, which was around 67% above the average March 2019 detached price in the Luton local authority area. The most recent EPC inspection was August 2012, where the current energy rating was F, and the potential energy rating was C.

18 LONDON ROAD Sold Prices

Land registry data shows three sales for 18 LONDON ROAD 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. All of the three 18 LONDON 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 22 MAR	£670,000	£401,963	67% above HPI
2012 26 OCT	£300,000	£242,470	24% above HPI
1996 13 AUG	£137,500	£74,467	85% above HPI

18 LONDON 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 three 18 LONDON ROAD sales between August 1996 and March 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 October 2012 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2019 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 18 LONDON ROAD?

18 LONDON ROAD is 280m², which includes three extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 18 LONDON ROAD lies on this distribution: 99% of detached houses are smaller than 18 LONDON ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Luton.

18 LONDON ROAD: Plot and Title Map

18 LONDON ROAD sits on a plot of roughly 0.175 of an acre, or 708m². The below map shows the location of 18 LONDON 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 18 LONDON 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 18 LONDON ROAD?

18 LONDON ROAD is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 18 on LONDON ROAD.