2, CHEVIOT ROAD, LUTON, LU3 3DQ - £275,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 CHEVIOT ROAD is a very small semi-detached house of 84m², built sometime between 1950 and 1966. It was last sold for £275,000 in August 2018, which was around 32% below the average August 2018 detached price in the Luton local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

2 CHEVIOT ROAD Sold Prices

Land registry data shows two sales for 2 CHEVIOT ROAD 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 2 CHEVIOT ROAD 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
2018 24 AUG	£275,000	£406,977	32% below HPI
1997 30 MAY	£52,000	£80,559	35% below HPI

2 CHEVIOT 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 two 2 CHEVIOT ROAD sales from May 1997 and August 2018 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 1997 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2018 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 CHEVIOT ROAD?

2 CHEVIOT ROAD is 84m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 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 CHEVIOT ROAD lies on this distribution: 18% of detached houses are smaller than 2 CHEVIOT ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 CHEVIOT ROAD: Plot and Title Map

2 CHEVIOT ROAD sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 2 CHEVIOT 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 CHEVIOT 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 CHEVIOT ROAD?

2 CHEVIOT ROAD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 2 on CHEVIOT ROAD.