281, TURNPIKE DRIVE, LUTON, LU3 3RD - £370,000

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

281 TURNPIKE DRIVE is a small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £370,000 in June 2021, which was around 10% below the average June 2021 detached price in the Luton local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

281 TURNPIKE DRIVE Sold Prices

Land registry data shows three sales for 281 TURNPIKE DRIVE 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 281 TURNPIKE DRIVE 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 30 JUN	£370,000	£411,652	10% below HPI
2021 28 MAY	£350,000	£405,907	14% below HPI
2013 31 JUL	£225,000	£245,625	8% below HPI

281 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 three 281 TURNPIKE DRIVE sales between July 2013 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 May 2021 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 rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 281 TURNPIKE DRIVE?

281 TURNPIKE DRIVE is 86m² according to the EPC inspection conducted in March 2013. 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 281 TURNPIKE DRIVE lies on this distribution: 21% of detached houses are smaller than 281 TURNPIKE DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Luton.

281 TURNPIKE DRIVE: Plot and Title Map

281 TURNPIKE DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 281 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 281 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 281 TURNPIKE DRIVE?

281 TURNPIKE DRIVE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 281 on TURNPIKE DRIVE.