1A, LOCARNO AVENUE, LUTON, LU4 9EJ - £225,000

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

1A LOCARNO AVENUE is a large extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £225,000 in July 2013, which was around 8% below the average July 2013 detached price in the Luton local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

1A LOCARNO AVENUE Sold Prices

Land registry data shows two sales for 1A LOCARNO AVENUE 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 1A LOCARNO AVENUE 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
2013 3 JUL	£225,000	£245,625	8% below HPI
2003 10 JAN	£176,000	£205,575	14% below HPI

1A LOCARNO AVENUE 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 1A LOCARNO AVENUE sales from January 2003 and July 2013 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 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2013 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 1A LOCARNO AVENUE?

1A LOCARNO AVENUE is 119m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 1A LOCARNO AVENUE lies on this distribution: 62% of detached houses are smaller than 1A LOCARNO AVENUE, and 37% of houses are larger. Note that EPC data is not available for all properties in Luton.

1A LOCARNO AVENUE: Plot and Title Map

1A LOCARNO AVENUE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 1A LOCARNO AVENUE, 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 1A LOCARNO AVENUE). 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 1A LOCARNO AVENUE?

1A LOCARNO AVENUE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 1A on LOCARNO AVENUE.