2, CHARTWELL DRIVE, LUTON, LU2 7JD - £525,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CHARTWELL DRIVE is a large detached house of 134m², built sometime between 1976 and 1982. It was last sold for £525,000 in March 2024, which was around 15% above the average March 2024 detached price in the Luton local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

2 CHARTWELL DRIVE Sold Prices

Land registry data shows three sales for 2 CHARTWELL DRIVE 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 CHARTWELL DRIVE 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
2024 12 MAR	£525,000	£455,843	15% above HPI
2020 16 JUN	£435,000	£392,261	11% above HPI
2015 14 DEC	£370,000	£336,821	10% above HPI

2 CHARTWELL DRIVE 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 CHARTWELL DRIVE sales between December 2015 and March 2024 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 June 2020 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2024 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 CHARTWELL DRIVE?

2 CHARTWELL DRIVE is 134m² according to the EPC inspection conducted in May 2019. This puts it in the largest 30% 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 CHARTWELL DRIVE lies on this distribution: 76% of detached houses houses are smaller than 2 CHARTWELL DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 CHARTWELL DRIVE: Plot and Title Map

2 CHARTWELL DRIVE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 2 CHARTWELL DRIVE, 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 CHARTWELL DRIVE). 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 CHARTWELL DRIVE?

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