22A, LOTHAIR ROAD, LUTON, LU2 7XB - £370,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

22A LOTHAIR ROAD is a small extended detached house of 94m², built sometime between 2007 and 2011. It was last sold for £370,000 in June 2023, which was around 20% below the average June 2023 detached price in the Luton local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

22A LOTHAIR ROAD Sold Prices

Land registry data shows three sales for 22A LOTHAIR ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 22A LOTHAIR 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 21 JUN	£370,000	£464,120	20% below HPI
2004 28 MAY	£197,000	£224,472	12% below HPI
1996 15 FEB	£71,995	£73,869	3% below HPI

22A LOTHAIR 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 three 22A LOTHAIR ROAD sales between February 1996 and June 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 May 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 22A LOTHAIR ROAD?

22A LOTHAIR ROAD is 94m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 22A LOTHAIR ROAD lies on this distribution: 31% of detached houses are smaller than 22A LOTHAIR ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Luton.

22A LOTHAIR ROAD: Plot and Title Map

22A LOTHAIR ROAD sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 22A LOTHAIR 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 22A LOTHAIR 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 22A LOTHAIR ROAD?

22A LOTHAIR ROAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 22A on LOTHAIR ROAD.