2, AUDLEY PLACE, LUTON, LU2 0QD - £375,000

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.

2 AUDLEY PLACE is a large extended detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £380,181. It was last sold for £375,000 in February 2022, which was around 18% below the average February 2022 detached price in the Luton local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

2 AUDLEY PLACE Sold Prices

Land registry data shows three sales for 2 AUDLEY PLACE 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 2 AUDLEY PLACE 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
2022 11 FEB	£375,000	£455,054	18% below HPI
2014 26 NOV	£205,000	£278,049	26% below HPI
2007 19 OCT	£195,000	£268,226	27% below HPI

2 AUDLEY PLACE 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 2 AUDLEY PLACE sales between October 2007 and February 2022 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 November 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 AUDLEY PLACE be worth now?

2 AUDLEY PLACE might now be worth an estimated £380,181.

This is based on house price inflation of 1.4%, between February 2022 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 1.4% inflationary increase is applied to the most recent sale price for 2 AUDLEY PLACE of £375,000 on 11th February 2022. For the value to have increased from £375,000 to £380,181 over the three years to February 2025, the following assumptions must hold true:

• The value of 2 AUDLEY PLACE has moved in line with the HPI for detached houses in the Luton local authority area.
• The February 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 AUDLEY PLACE has not materially changed since February 2022.

How Large is 2 AUDLEY PLACE?

2 AUDLEY PLACE is 124m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 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 2 AUDLEY PLACE lies on this distribution: 67% of detached houses houses are smaller than 2 AUDLEY PLACE, and 32% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 AUDLEY PLACE: Plot and Title Map

2 AUDLEY PLACE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 2 AUDLEY PLACE, 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 2 AUDLEY PLACE). 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 2 AUDLEY PLACE?

2 AUDLEY PLACE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 2 on AUDLEY PLACE.