198, FARLEY HILL, LUTON, LU1 5NU - £380,000

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

198 FARLEY HILL is a large detached house of 129m², built sometime between 1991 and 1995. It was last sold for £380,000 in May 2019, which was around 4% below the average May 2019 detached price in the Luton local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

198 FARLEY HILL Sold Prices

Land registry data shows four sales for 198 FARLEY HILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Most of the four 198 FARLEY HILL 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 31 MAY	£380,000	£395,091	4% below HPI
2005 6 MAY	£237,000	£232,835	2% above HPI
1999 26 MAR	£122,000	£98,896	23% above HPI
1996 27 SEP	£85,000	£75,149	13% above HPI

198 FARLEY HILL 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 four 198 FARLEY HILL sales between September 1996 and May 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 May 2005 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2019 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 198 FARLEY HILL?

198 FARLEY HILL is 129m² according to the EPC inspection conducted in July 2012. This puts it in the largest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 198 FARLEY HILL lies on this distribution: 72% of detached houses are smaller than 198 FARLEY HILL, and 27% of houses are larger. Note that EPC data is not available for all properties in Luton.

198 FARLEY HILL: Plot and Title Map

198 FARLEY HILL sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 198 FARLEY HILL, 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 198 FARLEY HILL). 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 198 FARLEY HILL?

198 FARLEY HILL is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 198 on FARLEY HILL.