273, TURNPIKE DRIVE, LUTON, LU3 3RD - £425,000

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

273 TURNPIKE DRIVE is a large detached house of 117m², built sometime between 1976 and 1982. It was last sold for £425,000 in August 2021, which was about the average August 2021 detached price in the Luton local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

273 TURNPIKE DRIVE Sold Prices

Land registry data shows two sales for 273 TURNPIKE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. One of the two 273 TURNPIKE DRIVE sales was roughly equal to the average price, whilst the other 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
2021 13 AUG	£425,000	£424,191	Close to HPI
2007 3 MAY	£289,950	£256,327	13% above HPI

273 TURNPIKE DRIVE 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 two 273 TURNPIKE DRIVE sales from May 2007 and August 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 May 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 273 TURNPIKE DRIVE?

273 TURNPIKE DRIVE is 117m² according to the EPC inspection conducted in March 2021. This puts it in the largest 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 273 TURNPIKE DRIVE lies on this distribution: 60% of detached houses are smaller than 273 TURNPIKE DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Luton.

273 TURNPIKE DRIVE: Plot and Title Map

273 TURNPIKE DRIVE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 273 TURNPIKE DRIVE, 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 273 TURNPIKE DRIVE). 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 273 TURNPIKE DRIVE?

273 TURNPIKE DRIVE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 273 on TURNPIKE DRIVE.