3, EVERGREEN WAY, LUTON, LU3 4AL - £405,000

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 EVERGREEN WAY is a midsized detached house of 115m², built sometime between 1983 and 1990. It was last sold for £405,000 in May 2018, which was around 2% above the average May 2018 detached price in the Luton local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

3 EVERGREEN WAY Sold Prices

Land registry data shows three sales for 3 EVERGREEN WAY 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 3 EVERGREEN WAY 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
2018 9 MAY	£405,000	£398,465	2% above HPI
2007 18 DEC	£277,500	£267,154	4% above HPI
1995 21 JUL	£86,000	£73,509	17% above HPI

3 EVERGREEN WAY 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 3 EVERGREEN WAY sales between July 1995 and May 2018 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 December 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2018 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 3 EVERGREEN WAY be worth now?

3 EVERGREEN WAY might now be worth an estimated £474,363.

This is based on house price inflation of 17.1%, between May 2018 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 17.1% inflationary increase is applied to the most recent sale price for 3 EVERGREEN WAY of £405,000 on 9th May 2018. For the value to have increased from £405,000 to £474,363 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of 3 EVERGREEN WAY has moved in line with the HPI for detached houses in the Luton local authority area.
• The May 2018 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 3 EVERGREEN WAY has not materially changed since May 2018.

How Large is 3 EVERGREEN WAY?

3 EVERGREEN WAY is 115m² according to the EPC inspection conducted in November 2017. This puts it in the largest 50% 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 EVERGREEN WAY lies on this distribution: 58% of detached houses houses are smaller than 3 EVERGREEN WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 EVERGREEN WAY: Plot and Title Map

3 EVERGREEN WAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 3 EVERGREEN WAY, 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 EVERGREEN WAY). 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 EVERGREEN WAY?

3 EVERGREEN WAY is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 3 on EVERGREEN WAY.