24, LINACRES, LUTON, LU4 9XP - £450,000

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

24 LINACRES is a small extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £450,000 in January 2022, which was around 1% below the average January 2022 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 C.

24 LINACRES Sold Prices

Land registry data shows three sales for 24 LINACRES 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. Two of the three 24 LINACRES sales were for below the average price, whilst one was for above 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
2022 28 JAN	£450,000	£456,029	1% below HPI
2014 28 OCT	£275,000	£279,753	2% below HPI
2000 22 DEC	£175,995	£136,094	29% above HPI

24 LINACRES 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 24 LINACRES sales between December 2000 and January 2022 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 October 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 24 LINACRES be worth now?

24 LINACRES might now be worth an estimated £460,539.

This is based on house price inflation of 2.3%, between January 2022 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 2.3% inflationary increase is applied to the most recent sale price for 24 LINACRES of £450,000 on 28th January 2022. For the value to have increased from £450,000 to £460,539 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 24 LINACRES has moved in line with the HPI for detached houses in the Luton local authority area.
• The January 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LINACRES has not materially changed since January 2022.

How Large is 24 LINACRES?

24 LINACRES is 96m², which includes two extensions, 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 24 LINACRES lies on this distribution: 33% of detached houses houses are smaller than 24 LINACRES, and 65% of houses are larger. Note that EPC data is not available for all properties in Luton.

24 LINACRES: Plot and Title Map

24 LINACRES sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 24 LINACRES, 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 24 LINACRES). 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 24 LINACRES?

24 LINACRES is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 24 on LINACRES.