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
32 LONDON ROAD is a very large extended detached house of 164m², built sometime between 1900 and 1929. It was last sold for £330,000 in March 2016, which was around 7% below the average March 2016 detached price in the Luton local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for 32 LONDON ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Most of the five 32 LONDON 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 |
---|---|---|---|
2016 23 MAR | £330,000 | £354,468 | 7% below HPI |
2010 18 NOV | £230,000 | £243,827 | 6% below HPI |
2007 5 DEC | £272,000 | £268,730 | 1% above HPI |
2007 3 APR | £250,000 | £254,709 | 2% below HPI |
2007 12 JAN | £230,000 | £246,956 | 7% below HPI |
The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The five 32 LONDON ROAD sales between January 2007 and March 2016 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 November 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
32 LONDON ROAD is 164m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 20% 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 LONDON ROAD lies on this distribution: 89% of detached houses are smaller than 32 LONDON ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Luton.
32 LONDON ROAD sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 32 LONDON 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 32 LONDON 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.
32 LONDON ROAD is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 32 on LONDON ROAD.