2, CAPRON ROAD, LUTON, LU4 9BU - £285,000

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

2 CAPRON ROAD is a very large extended detached house of 155m², built sometime between 1930 and 1949. It was last sold for £285,000 in February 2019, which was around 30% below the average February 2019 detached price in the Luton local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was D.

2 CAPRON ROAD Sold Prices

Land registry data shows three sales for 2 CAPRON 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. One of the three 2 CAPRON ROAD 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
2019 1 FEB	£285,000	£408,255	30% below HPI
2013 26 JUL	£332,500	£245,625	35% above HPI
2003 7 APR	£320,000	£212,060	51% above HPI

2 CAPRON 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 2 CAPRON ROAD sales between April 2003 and February 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 July 2013 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 CAPRON ROAD?

2 CAPRON ROAD is 155m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 2 CAPRON ROAD lies on this distribution: 86% of detached houses are smaller than 2 CAPRON ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 CAPRON ROAD: Plot and Title Map

2 CAPRON ROAD sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of 2 CAPRON 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 2 CAPRON 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 2 CAPRON ROAD?

2 CAPRON ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 2 on CAPRON ROAD.