3, LOTHAIR ROAD, LUTON, LU2 7XB - £245,000

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

3 LOTHAIR ROAD is a large detached house of 120m², built sometime between 1930 and 1949. It was last sold for £245,000 in January 2013, which was around 1% below the average January 2013 detached price in the Luton local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

3 LOTHAIR ROAD Sold Prices

Land registry data shows two sales for 3 LOTHAIR ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 3 LOTHAIR 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
2013 23 JAN	£245,000	£246,372	1% below HPI
2008 18 APR	£220,000	£264,789	17% below HPI

3 LOTHAIR 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 two 3 LOTHAIR ROAD sales from April 2008 and January 2013 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 April 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2013 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 3 LOTHAIR ROAD?

3 LOTHAIR ROAD is 120m² according to the EPC inspection conducted in January 2012. This puts it in the largest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 3 LOTHAIR ROAD lies on this distribution: 64% of detached houses are smaller than 3 LOTHAIR ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 LOTHAIR ROAD: Plot and Title Map

3 LOTHAIR ROAD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 3 LOTHAIR 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 3 LOTHAIR 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 3 LOTHAIR ROAD?

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