38, FAIRFORD AVENUE, LUTON, LU2 7ER - £485,000

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

38 FAIRFORD AVENUE is a very large extended detached house of 168m², built sometime between 1950 and 1966. It was last sold for £485,000 in October 2019, which was around 22% above the average October 2019 detached price in the Luton local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

38 FAIRFORD AVENUE Sold Prices

Land registry data shows two sales for 38 FAIRFORD AVENUE 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 FAIRFORD AVENUE sales were 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
2019 18 OCT	£485,000	£395,947	22% above HPI
1996 3 DEC	£107,500	£74,633	44% above HPI

38 FAIRFORD AVENUE 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 FAIRFORD AVENUE sales from December 1996 and October 2019 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 December 1996 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 2019 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 38 FAIRFORD AVENUE?

38 FAIRFORD AVENUE is 168m², which includes four extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 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 38 FAIRFORD AVENUE lies on this distribution: 90% of detached houses are smaller than 38 FAIRFORD AVENUE, and 10% of houses are larger. Note that EPC data is not available for all properties in Luton.

38 FAIRFORD AVENUE: Plot and Title Map

38 FAIRFORD AVENUE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 38 FAIRFORD 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 38 FAIRFORD 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 38 FAIRFORD AVENUE?

38 FAIRFORD AVENUE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 38 on FAIRFORD AVENUE.