22, LEICESTER ROAD, LUTON, LU4 8SH - £243,000

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

22 LEICESTER ROAD is a very large extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £243,000 in June 2003, which was around 12% above the average June 2003 detached price in the Luton local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

22 LEICESTER ROAD Sold Prices

Land registry data shows two sales for 22 LEICESTER 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 Luton local authority area for the corresponding sale date. One of the two 22 LEICESTER ROAD sales was for above the average price, whilst the other 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
2003 26 JUN	£243,000	£217,237	12% above HPI
1999 12 FEB	£75,500	£98,769	24% below HPI

22 LEICESTER ROAD 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 two 22 LEICESTER ROAD sales from February 1999 and June 2003 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 February 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2003 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 22 LEICESTER ROAD?

22 LEICESTER ROAD is 157m², which includes two extensions, according to the EPC inspection conducted in April 2021. 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 22 LEICESTER ROAD lies on this distribution: 87% of detached houses are smaller than 22 LEICESTER ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Luton.

22 LEICESTER ROAD: Plot and Title Map

22 LEICESTER ROAD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 22 LEICESTER 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 22 LEICESTER 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 22 LEICESTER ROAD?

22 LEICESTER ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 22 on LEICESTER ROAD.