37, PERRYMEAD, LUTON, LU2 8UF - £152,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

37 PERRYMEAD is a very small semi-detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £322,582. It was last sold for £152,500 in August 2009, which was about the average August 2009 semi-detached price in the Luton local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

37 PERRYMEAD Sold Prices

Land registry data shows two sales for 37 PERRYMEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. One of the two 37 PERRYMEAD sales was roughly equal to the average price, whilst the other was for above 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
2009 28 AUG	£152,500	£152,174	Close to HPI
1996 16 AUG	£55,000	£47,847	15% above HPI

37 PERRYMEAD 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 two 37 PERRYMEAD sales from August 1996 and August 2009 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 August 1996 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2009 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 37 PERRYMEAD be worth now?

37 PERRYMEAD might now be worth an estimated £322,582.

This is based on house price inflation of 111.5%, between August 2009 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 111.5% inflationary increase is applied to the most recent sale price for 37 PERRYMEAD of £152,500 on 28th August 2009. For the value to have increased from £152,500 to £322,582 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 37 PERRYMEAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The August 2009 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 37 PERRYMEAD has not materially changed since August 2009.

How Large is 37 PERRYMEAD?

37 PERRYMEAD is 63m² according to the EPC inspection conducted in November 2008. 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 37 PERRYMEAD lies on this distribution: 3% of semi-detached houses houses are smaller than 37 PERRYMEAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Luton.

37 PERRYMEAD: Plot and Title Map

37 PERRYMEAD sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 37 PERRYMEAD, 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 37 PERRYMEAD). 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 37 PERRYMEAD?

37 PERRYMEAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 37 on PERRYMEAD.