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
325 NEW BEDFORD ROAD is a very small detached house of 71m², built sometime between 1930 and 1949. It was last sold for £180,000 in June 2002, which was around 8% above the average June 2002 detached price in the Luton local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 325 NEW BEDFORD ROAD since 1st 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. One of the two 325 NEW BEDFORD ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2002 21 JUN | £180,000 | £166,591 | 8% above HPI |
1998 16 OCT | £90,000 | £93,747 | 4% below HPI |
The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The two 325 NEW BEDFORD ROAD sales from October 1998 and June 2002 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 October 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2002 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.
325 NEW BEDFORD ROAD is 71m² according to the EPC inspection conducted in January 2017. 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 325 NEW BEDFORD ROAD lies on this distribution: 7% of detached houses are smaller than 325 NEW BEDFORD ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Luton.
325 NEW BEDFORD ROAD sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of 325 NEW BEDFORD 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 325 NEW BEDFORD 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.
325 NEW BEDFORD ROAD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 325 on NEW BEDFORD ROAD.