2, THE RETREAT, DUNSTABLE, LU5 4PZ - £270,000

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 THE RETREAT is a very small extended semi-detached house of 73m², built sometime between 1950 and 1966. It was last sold for £270,000 in January 2017, which was around 8% below the average January 2017 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

2 THE RETREAT Sold Prices

Land registry data shows three sales for 2 THE RETREAT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. Two of the three 2 THE RETREAT sales were for below the average price, whilst one was 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
2017 20 JAN	£270,000	£292,105	8% below HPI
2013 20 JUN	£177,000	£198,016	11% below HPI
1998 19 NOV	£84,000	£78,282	7% above HPI

2 THE RETREAT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 2 THE RETREAT sales between November 1998 and January 2017 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 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 THE RETREAT be worth now?

2 THE RETREAT might now be worth an estimated £343,372.

This is based on house price inflation of 27.2%, between January 2017 and December 2024, for semi-detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.2% inflationary increase is applied to the most recent sale price for 2 THE RETREAT of £270,000 on 20th January 2017. For the value to have increased from £270,000 to £343,372 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 2 THE RETREAT has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The January 2017 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE RETREAT has not materially changed since January 2017.

How Large is 2 THE RETREAT?

2 THE RETREAT is 73m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 2 THE RETREAT lies on this distribution: 8% of semi-detached houses houses are smaller than 2 THE RETREAT, and 92% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 THE RETREAT: Plot and Title Map

2 THE RETREAT sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 2 THE RETREAT, 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 THE RETREAT). 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 THE RETREAT?

2 THE RETREAT is located in DUNSTABLE, in the LU5 postcode district. The below map shows the position of No. 2 on THE RETREAT.