27, THE MAGPIES, LUTON, LU2 7XT - £530,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

27 THE MAGPIES is a midsized detached house of 102m², built sometime between 1983 and 1990. It was last sold for £530,000 in July 2022, which was around 14% above the average July 2022 detached price in the Luton local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

27 THE MAGPIES Sold Prices

Land registry data shows three sales for 27 THE MAGPIES 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 27 THE MAGPIES sales were 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 27 JUL	£530,000	£463,334	14% above HPI
2007 15 JUN	£318,500	£257,619	24% above HPI
1997 2 SEP	£128,000	£84,584	51% above HPI

27 THE MAGPIES 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 27 THE MAGPIES sales between September 1997 and July 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 June 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 27 THE MAGPIES?

27 THE MAGPIES is 102m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 27 THE MAGPIES lies on this distribution: 42% of detached houses are smaller than 27 THE MAGPIES, and 57% of houses are larger. Note that EPC data is not available for all properties in Luton.

27 THE MAGPIES: Plot and Title Map

27 THE MAGPIES sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 27 THE MAGPIES, 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 27 THE MAGPIES). 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 27 THE MAGPIES?

27 THE MAGPIES is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 27 on THE MAGPIES.