3, CROMWELL HILL, LUTON, LU2 7PY - £307,000

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

3 CROMWELL HILL is a large detached house of 130m², built sometime between 1950 and 1966, which could now be worth an estimated £537,187. It was last sold for £307,000 in June 2014, which was around 15% above the average June 2014 detached price in the Luton local authority area. The most recent EPC inspection was March 2014, where the current energy rating was F, and the potential energy rating was D.

3 CROMWELL HILL Sold Prices

Land registry data shows four sales for 3 CROMWELL HILL 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. All of the four 3 CROMWELL HILL 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
2014 4 JUN	£307,000	£266,722	15% above HPI
2006 27 JAN	£289,000	£229,325	26% above HPI
2000 31 MAR	£179,950	£116,969	54% above HPI
1998 22 MAY	£127,000	£88,027	44% above HPI

3 CROMWELL HILL 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 3 CROMWELL HILL sales between May 1998 and June 2014 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 January 2006 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2014 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 CROMWELL HILL be worth now?

3 CROMWELL HILL might now be worth an estimated £537,187.

This is based on house price inflation of 75%, between June 2014 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 75% inflationary increase is applied to the most recent sale price for 3 CROMWELL HILL of £307,000 on 4th June 2014. For the value to have increased from £307,000 to £537,187 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 3 CROMWELL HILL has moved in line with the HPI for detached houses in the Luton local authority area.
• The June 2014 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CROMWELL HILL has not materially changed since June 2014.

How Large is 3 CROMWELL HILL?

3 CROMWELL HILL is 130m² according to the EPC inspection conducted in March 2014. This puts it in the largest 30% 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 3 CROMWELL HILL lies on this distribution: 73% of detached houses houses are smaller than 3 CROMWELL HILL, and 27% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 CROMWELL HILL: Plot and Title Map

3 CROMWELL HILL sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 3 CROMWELL HILL, 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 3 CROMWELL HILL). 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 3 CROMWELL HILL?

3 CROMWELL HILL is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 3 on CROMWELL HILL.