31, ROOKERY DRIVE, LUTON, LU2 7FG - £115,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 ROOKERY DRIVE is a very small semi-detached house of 37m², built sometime between 1950 and 1966, which could now be worth an estimated £229,394. It was last sold for £115,000 in June 2006, which was around 29% below the average June 2006 semi-detached price in the Luton local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was A.

31 ROOKERY DRIVE Sold Prices

Land registry data shows four sales for 31 ROOKERY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. All of the four 31 ROOKERY 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
2006 15 JUN	£115,000	£162,663	29% below HPI
2004 30 APR	£92,000	£150,238	39% below HPI
2001 14 DEC	£69,995	£97,586	28% below HPI
2000 28 SEP	£57,500	£82,719	30% below HPI

31 ROOKERY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The four 31 ROOKERY DRIVE sales between September 2000 and June 2006 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 2004 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2006 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 31 ROOKERY DRIVE be worth now?

31 ROOKERY DRIVE might now be worth an estimated £229,394.

This is based on house price inflation of 99.5%, between June 2006 and March 2025, for semi-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 99.5% inflationary increase is applied to the most recent sale price for 31 ROOKERY DRIVE of £115,000 on 15th June 2006. For the value to have increased from £115,000 to £229,394 over the nineteen years and three months to March 2025, the following assumptions must hold true:

• The value of 31 ROOKERY DRIVE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The June 2006 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 31 ROOKERY DRIVE has not materially changed since June 2006.

How Large is 31 ROOKERY DRIVE?

31 ROOKERY DRIVE is 37m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 31 ROOKERY DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 31 ROOKERY DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

31 ROOKERY DRIVE: Plot and Title Map

31 ROOKERY DRIVE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 31 ROOKERY 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 31 ROOKERY 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 31 ROOKERY DRIVE?

31 ROOKERY DRIVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 31 on ROOKERY DRIVE.