32, CHALFONT WAY, LUTON, LU2 9RQ - £222,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

32 CHALFONT WAY is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £222,500 in April 2014, which was around 15% below the average April 2014 detached price in the Luton local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

32 CHALFONT WAY Sold Prices

Land registry data shows three sales for 32 CHALFONT 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 32 CHALFONT WAY 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
2014 22 APR	£222,500	£262,180	15% below HPI
2008 9 MAY	£220,000	£263,868	17% below HPI
1997 24 SEP	£79,000	£84,584	7% below HPI

32 CHALFONT 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 32 CHALFONT WAY sales between September 1997 and April 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 May 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 32 CHALFONT WAY?

32 CHALFONT WAY is 75m² according to the EPC inspection conducted in February 2014. 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 32 CHALFONT WAY lies on this distribution: 9% of detached houses are smaller than 32 CHALFONT WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Luton.

32 CHALFONT WAY: Plot and Title Map

32 CHALFONT WAY sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 32 CHALFONT 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 32 CHALFONT 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 32 CHALFONT WAY?

32 CHALFONT WAY is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 32 on CHALFONT WAY.