28, WHEATFIELD ROAD, LUTON, LU4 0TR - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 WHEATFIELD ROAD is a small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £340,000 in June 2021, which was around 17% below the average June 2021 detached price in the Luton local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

28 WHEATFIELD ROAD Sold Prices

Land registry data shows three sales for 28 WHEATFIELD ROAD 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 28 WHEATFIELD ROAD 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 29 JUN	£340,000	£411,652	17% below HPI
2020 5 NOV	£350,000	£408,460	14% below HPI
2019 16 AUG	£303,000	£391,983	23% below HPI

28 WHEATFIELD ROAD 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 28 WHEATFIELD ROAD sales between August 2019 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 November 2020 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 28 WHEATFIELD ROAD?

28 WHEATFIELD ROAD is 92m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 28 WHEATFIELD ROAD lies on this distribution: 28% of detached houses are smaller than 28 WHEATFIELD ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Luton.

28 WHEATFIELD ROAD: Plot and Title Map

28 WHEATFIELD ROAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 28 WHEATFIELD ROAD, 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 WHEATFIELD ROAD). 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 WHEATFIELD ROAD?

28 WHEATFIELD ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 28 on WHEATFIELD ROAD.