2, TURNPIKE DRIVE, LUTON, LU3 3RA - £259,000

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 TURNPIKE DRIVE is a very small semi-detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £356,822. It was last sold for £259,000 in January 2016, which was around 11% above the average January 2016 semi-detached price in the Luton local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.

2 TURNPIKE DRIVE Sold Prices

Land registry data shows two sales for 2 TURNPIKE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Both of the two 2 TURNPIKE DRIVE sales were 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
2016 5 JAN	£259,000	£233,646	11% above HPI
2004 20 NOV	£183,000	£158,045	16% above HPI

2 TURNPIKE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The two 2 TURNPIKE DRIVE sales from November 2004 and January 2016 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 November 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2016 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 TURNPIKE DRIVE be worth now?

2 TURNPIKE DRIVE might now be worth an estimated £356,822.

This is based on house price inflation of 37.8%, between January 2016 and February 2025, for semi-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 37.8% inflationary increase is applied to the most recent sale price for 2 TURNPIKE DRIVE of £259,000 on 5th January 2016. For the value to have increased from £259,000 to £356,822 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 TURNPIKE DRIVE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The January 2016 sale price of £259,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TURNPIKE DRIVE has not materially changed since January 2016.

How Large is 2 TURNPIKE DRIVE?

2 TURNPIKE DRIVE is 82m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% 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 TURNPIKE DRIVE lies on this distribution: 16% of semi-detached houses houses are smaller than 2 TURNPIKE DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 TURNPIKE DRIVE: Plot and Title Map

2 TURNPIKE DRIVE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 TURNPIKE DRIVE, 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 TURNPIKE DRIVE). 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 TURNPIKE DRIVE?

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