23, THE PYGHTLE, LUTON, LU1 5SD - £336,000

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 THE PYGHTLE is a small detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £361,797. It was last sold for £336,000 in October 2021, which was around 22% below the average October 2021 detached price in the Luton local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

23 THE PYGHTLE Sold Prices

Land registry data shows four sales for 23 THE PYGHTLE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 23 THE PYGHTLE 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
2021 15 OCT	£336,000	£433,432	22% below HPI
2014 17 DEC	£180,500	£284,441	37% below HPI
2005 2 SEP	£171,000	£235,291	27% below HPI
2003 16 APR	£145,000	£210,816	31% below HPI

23 THE PYGHTLE 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 four 23 THE PYGHTLE sales between April 2003 and October 2021 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 December 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 23 THE PYGHTLE be worth now?

23 THE PYGHTLE might now be worth an estimated £361,797.

This is based on house price inflation of 7.7%, between October 2021 and December 2024, for 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 7.7% inflationary increase is applied to the most recent sale price for 23 THE PYGHTLE of £336,000 on 15th October 2021. For the value to have increased from £336,000 to £361,797 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 23 THE PYGHTLE has moved in line with the HPI for detached houses in the Luton local authority area.
• The October 2021 sale price of £336,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THE PYGHTLE has not materially changed since October 2021.

How Large is 23 THE PYGHTLE?

23 THE PYGHTLE is 96m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 23 THE PYGHTLE lies on this distribution: 33% of detached houses houses are smaller than 23 THE PYGHTLE, and 65% of houses are larger. Note that EPC data is not available for all properties in Luton.

23 THE PYGHTLE: Plot and Title Map

23 THE PYGHTLE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 23 THE PYGHTLE, 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 THE PYGHTLE). 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 THE PYGHTLE?

23 THE PYGHTLE is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 23 on THE PYGHTLE.