2, MEADOW VIEW, LUTON, LU2 7GS - £635,000

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 MEADOW VIEW is a very large extended detached house of 160m², built sometime between 1991 and 1995. It was last sold for £635,000 in August 2018, which was around 56% above the average August 2018 detached price in the Luton local authority area. The most recent EPC inspection was January 2018, where the current energy rating was F, and the potential energy rating was E.

2 MEADOW VIEW Sold Prices

Land registry data shows three sales for 2 MEADOW VIEW 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. Two of the three 2 MEADOW VIEW sales were for above the average price, whilst one was 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 17 AUG	£635,000	£406,977	56% above HPI
2008 22 AUG	£249,000	£257,820	3% below HPI
1995 1 DEC	£135,000	£73,883	83% above HPI

2 MEADOW VIEW 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 MEADOW VIEW sales between December 1995 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 August 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2018 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 2 MEADOW VIEW?

2 MEADOW VIEW is 160m², which includes one extension, according to the EPC inspection conducted in January 2018. 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 MEADOW VIEW lies on this distribution: 88% of detached houses are smaller than 2 MEADOW VIEW, and 12% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 MEADOW VIEW: Plot and Title Map

2 MEADOW VIEW sits on a plot of roughly 0.170 of an acre, or 688m². The below map shows the location of 2 MEADOW VIEW, 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 MEADOW VIEW). 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 MEADOW VIEW?

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