2, CRESSWELL GARDENS, LUTON, LU3 4EX - £241,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 CRESSWELL GARDENS is a small detached house of 91m², built sometime between 1983 and 1990. It was last sold for £241,000 in February 2014, which was around 7% below the average February 2014 detached price in the Luton local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

2 CRESSWELL GARDENS Sold Prices

Land registry data shows three sales for 2 CRESSWELL GARDENS 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 CRESSWELL GARDENS 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
2014 6 FEB	£241,000	£257,997	7% below HPI
2006 30 OCT	£223,500	£246,017	9% below HPI
2005 27 MAY	£209,000	£232,835	10% below HPI

2 CRESSWELL GARDENS 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 CRESSWELL GARDENS sales between May 2005 and February 2014 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 October 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 CRESSWELL GARDENS?

2 CRESSWELL GARDENS is 91m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% 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 CRESSWELL GARDENS lies on this distribution: 27% of detached houses are smaller than 2 CRESSWELL GARDENS, and 72% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 CRESSWELL GARDENS: Plot and Title Map

2 CRESSWELL GARDENS sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 2 CRESSWELL GARDENS, 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 CRESSWELL GARDENS). 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 CRESSWELL GARDENS?

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