218, LUTON ROAD, DUNSTABLE, LU5 4LF - £495,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

218 LUTON ROAD is a midsized detached house of 109m², built sometime between 1930 and 1949. It was last sold for £495,000 in May 2023, which was around 13% below the average May 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

218 LUTON ROAD Sold Prices

Land registry data shows two sales for 218 LUTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 218 LUTON ROAD 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
2023 2 MAY	£495,000	£570,486	13% below HPI
2014 29 JUL	£240,000	£358,702	33% below HPI

218 LUTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 218 LUTON ROAD sales from July 2014 and May 2023 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 July 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 218 LUTON ROAD?

218 LUTON ROAD is 109m² according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 218 LUTON ROAD lies on this distribution: 51% of detached houses are smaller than 218 LUTON ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Luton.

218 LUTON ROAD: Plot and Title Map

218 LUTON ROAD sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 218 LUTON ROAD, 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 218 LUTON ROAD). 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 218 LUTON ROAD?

218 LUTON ROAD is located in DUNSTABLE, in the LU5 postcode district. The below map shows the position of No. 218 on LUTON ROAD.