23, LETCHWORTH ROAD, LUTON, LU3 2NU - £222,000

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

23 LETCHWORTH ROAD is a very small extended semi-detached house of 65m², built sometime between 1900 and 1929. It was last sold for £222,000 in October 2020, which was around 18% below the average October 2020 semi-detached price in the Luton local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

23 LETCHWORTH ROAD Sold Prices

Land registry data shows three sales for 23 LETCHWORTH ROAD 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 Luton local authority area for the corresponding sale date. All of the three 23 LETCHWORTH 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
2020 23 OCT	£222,000	£271,257	18% below HPI
2016 2 FEB	£190,000	£235,745	19% below HPI
2015 16 JAN	£132,000	£191,565	31% below HPI

23 LETCHWORTH ROAD 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 three 23 LETCHWORTH ROAD sales between January 2015 and October 2020 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 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 23 LETCHWORTH ROAD be worth now?

23 LETCHWORTH ROAD might now be worth an estimated £266,876.

This is based on house price inflation of 20.2%, between October 2020 and December 2024, 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 20.2% inflationary increase is applied to the most recent sale price for 23 LETCHWORTH ROAD of £222,000 on 23rd October 2020. For the value to have increased from £222,000 to £266,876 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 23 LETCHWORTH ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The October 2020 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LETCHWORTH ROAD has not materially changed since October 2020.

How Large is 23 LETCHWORTH ROAD?

23 LETCHWORTH ROAD is 65m², which includes one extension, according to the EPC inspection conducted in May 2014. 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 23 LETCHWORTH ROAD lies on this distribution: 4% of semi-detached houses houses are smaller than 23 LETCHWORTH ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Luton.

23 LETCHWORTH ROAD: Plot and Title Map

23 LETCHWORTH ROAD sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 23 LETCHWORTH 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 23 LETCHWORTH 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 23 LETCHWORTH ROAD?

23 LETCHWORTH ROAD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 23 on LETCHWORTH ROAD.