38, BRADLEY ROAD, LUTON, LU4 8SL - £275,000

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

38 BRADLEY ROAD is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £275,000 in December 2018, which was around 32% below the average December 2018 detached price in the Luton local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

38 BRADLEY ROAD Sold Prices

Land registry data shows two sales for 38 BRADLEY ROAD 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 38 BRADLEY 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
2018 14 DEC	£275,000	£407,327	32% below HPI
2004 15 OCT	£140,000	£236,952	41% below HPI

38 BRADLEY ROAD 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 38 BRADLEY ROAD sales from October 2004 and December 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 October 2004 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2018 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 38 BRADLEY ROAD?

38 BRADLEY ROAD is 95m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 38 BRADLEY ROAD lies on this distribution: 32% of detached houses are smaller than 38 BRADLEY ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Luton.

38 BRADLEY ROAD: Plot and Title Map

38 BRADLEY ROAD sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 38 BRADLEY 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 38 BRADLEY 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.

Where is 38 BRADLEY ROAD?

38 BRADLEY ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 38 on BRADLEY ROAD.