323, ICKNIELD WAY, LUTON, LU3 2JR - £320,000

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

323 ICKNIELD WAY is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £320,000 in October 2018, which was around 21% below the average October 2018 detached price in the Luton local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

323 ICKNIELD WAY Sold Prices

Land registry data shows two sales for 323 ICKNIELD WAY 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 323 ICKNIELD 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
2018 4 OCT	£320,000	£406,442	21% below HPI
2012 14 NOV	£160,000	£245,871	35% below HPI

323 ICKNIELD 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 two 323 ICKNIELD WAY sales from November 2012 and October 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 November 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 323 ICKNIELD WAY?

323 ICKNIELD WAY is 76m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 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 323 ICKNIELD WAY lies on this distribution: 10% of detached houses are smaller than 323 ICKNIELD WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Luton.

323 ICKNIELD WAY: Plot and Title Map

323 ICKNIELD WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 323 ICKNIELD 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 323 ICKNIELD 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 323 ICKNIELD WAY?

323 ICKNIELD WAY is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 323 on ICKNIELD WAY.