33, GRASMERE AVENUE, LUTON, LU3 2DU - £245,000

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.

33 GRASMERE AVENUE is a very small semi-detached house of 51m², built sometime between 1930 and 1949, which could now be worth an estimated £356,973. It was last sold for £245,000 in October 2015, which was around 11% above the average October 2015 semi-detached price in the Luton local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

33 GRASMERE AVENUE Sold Prices

Land registry data shows three sales for 33 GRASMERE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Two of the three 33 GRASMERE AVENUE sales were for above the average price, whilst one 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
2015 23 OCT	£245,000	£220,923	11% above HPI
2004 17 JUN	£158,000	£152,373	4% above HPI
2003 24 JUL	£114,000	£142,324	20% below HPI

33 GRASMERE AVENUE 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 three 33 GRASMERE AVENUE sales between July 2003 and October 2015 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 June 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2015 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 33 GRASMERE AVENUE be worth now?

33 GRASMERE AVENUE might now be worth an estimated £356,973.

This is based on house price inflation of 45.7%, between October 2015 and February 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 45.7% inflationary increase is applied to the most recent sale price for 33 GRASMERE AVENUE of £245,000 on 23rd October 2015. For the value to have increased from £245,000 to £356,973 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 33 GRASMERE AVENUE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The October 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 33 GRASMERE AVENUE has not materially changed since October 2015.

How Large is 33 GRASMERE AVENUE?

33 GRASMERE AVENUE is 51m² according to the EPC inspection conducted in June 2015. 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 33 GRASMERE AVENUE lies on this distribution: 1% of semi-detached houses houses are smaller than 33 GRASMERE AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

33 GRASMERE AVENUE: Plot and Title Map

33 GRASMERE AVENUE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 33 GRASMERE AVENUE, 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 33 GRASMERE AVENUE). 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 33 GRASMERE AVENUE?

33 GRASMERE AVENUE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 33 on GRASMERE AVENUE.