3, NORTHVIEW ROAD, LUTON, LU2 7LF - £265,000

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 NORTHVIEW ROAD is a very small detached house of 75m², built sometime between 1930 and 1949. It was last sold for £265,000 in September 2018, which was around 35% below the average September 2018 detached price in the Luton local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

3 NORTHVIEW ROAD Sold Prices

Land registry data shows six sales for 3 NORTHVIEW ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the six 3 NORTHVIEW 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
2018 19 SEP	£265,000	£408,628	35% below HPI
2008 8 FEB	£184,000	£268,406	31% below HPI
2004 16 APR	£138,250	£225,126	39% below HPI
2003 17 DEC	£130,000	£217,910	40% below HPI
2001 14 DEC	£90,000	£153,981	42% below HPI
2000 17 FEB	£68,000	£114,990	41% below HPI

3 NORTHVIEW 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 six 3 NORTHVIEW ROAD sales between February 2000 and September 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 February 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 NORTHVIEW ROAD?

3 NORTHVIEW ROAD is 75m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% 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 NORTHVIEW ROAD lies on this distribution: 9% of detached houses are smaller than 3 NORTHVIEW ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 NORTHVIEW ROAD: Plot and Title Map

3 NORTHVIEW ROAD sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 3 NORTHVIEW 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 NORTHVIEW 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 NORTHVIEW ROAD?

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