28, THE MAGPIES, LUTON, LU2 7XT - £470,100

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

28 THE MAGPIES is a very large extended detached house of 143m², built sometime between 1983 and 1990. It was last sold for £470,100 in June 2021, which was around 15% above the average June 2021 detached price in the Luton local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

28 THE MAGPIES Sold Prices

Land registry data shows four sales for 28 THE MAGPIES 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. Most of the four 28 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
2021 22 JUN	£470,100	£409,238	15% above HPI
2008 26 SEP	£290,000	£253,365	14% above HPI
2005 18 JUL	£284,000	£231,818	23% above HPI
2002 5 APR	£135,000	£157,706	14% below HPI

28 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 four 28 THE MAGPIES sales between April 2002 and June 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 September 2008 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 28 THE MAGPIES be worth now?

28 THE MAGPIES might now be worth an estimated £536,118.

This is based on house price inflation of 14%, between June 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 14% inflationary increase is applied to the most recent sale price for 28 THE MAGPIES of £470,100 on 22nd June 2021. For the value to have increased from £470,100 to £536,118 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 28 THE MAGPIES has moved in line with the HPI for detached houses in the Luton local authority area.
• The June 2021 sale price of £470,100 represented a fair market value for the property.
• The size, condition, and specification of 28 THE MAGPIES has not materially changed since June 2021.

How Large is 28 THE MAGPIES?

28 THE MAGPIES is 143m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 20% 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 28 THE MAGPIES lies on this distribution: 81% of detached houses houses are smaller than 28 THE MAGPIES, and 18% of houses are larger. Note that EPC data is not available for all properties in Luton.

28 THE MAGPIES: Plot and Title Map

28 THE MAGPIES sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 28 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 28 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 28 THE MAGPIES?

28 THE MAGPIES is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 28 on THE MAGPIES.