2, SUTHERLAND PLACE, LUTON, LU1 3SY - £430,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 SUTHERLAND PLACE is a small extended detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £431,257. It was last sold for £430,000 in June 2022, which was around 7% below the average June 2022 detached price in the Luton local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

2 SUTHERLAND PLACE Sold Prices

Land registry data shows four sales for 2 SUTHERLAND PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Most of the four 2 SUTHERLAND PLACE 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
2022 27 JUN	£430,000	£459,996	7% below HPI
2018 28 SEP	£355,000	£406,232	13% below HPI
2017 1 FEB	£349,000	£381,601	9% below HPI
1998 5 MAY	£250,000	£88,027	184% above HPI

2 SUTHERLAND PLACE 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 four 2 SUTHERLAND PLACE sales between May 1998 and June 2022 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 September 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 SUTHERLAND PLACE be worth now?

2 SUTHERLAND PLACE might now be worth an estimated £431,257.

This is based on house price inflation of 0.3%, between June 2022 and February 2025, for detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% inflationary increase is applied to the most recent sale price for 2 SUTHERLAND PLACE of £430,000 on 27th June 2022. For the value to have increased from £430,000 to £431,257 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 2 SUTHERLAND PLACE has moved in line with the HPI for detached houses in the Luton local authority area.
• The June 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SUTHERLAND PLACE has not materially changed since June 2022.

How Large is 2 SUTHERLAND PLACE?

2 SUTHERLAND PLACE is 90m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 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 SUTHERLAND PLACE lies on this distribution: 26% of detached houses houses are smaller than 2 SUTHERLAND PLACE, and 73% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 SUTHERLAND PLACE: Plot and Title Map

2 SUTHERLAND PLACE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 SUTHERLAND PLACE, 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 SUTHERLAND PLACE). 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 SUTHERLAND PLACE?

2 SUTHERLAND PLACE is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 2 on SUTHERLAND PLACE.