38, LAMBOURN DRIVE, LUTON, LU2 7GQ - £189,000

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.

38 LAMBOURN DRIVE is a very small semi-detached house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £368,104. It was last sold for £189,000 in May 2010, which was around 14% above the average May 2010 semi-detached price in the Luton local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

38 LAMBOURN DRIVE Sold Prices

Land registry data shows five sales for 38 LAMBOURN DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. All of the five 38 LAMBOURN DRIVE 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
2010 21 MAY	£189,000	£165,273	14% above HPI
2006 30 OCT	£178,500	£169,412	5% above HPI
2004 11 MAR	£163,000	£147,320	11% above HPI
2000 29 SEP	£109,000	£82,719	32% above HPI
1996 31 OCT	£70,450	£48,475	45% above HPI

38 LAMBOURN DRIVE 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 five 38 LAMBOURN DRIVE sales between October 1996 and May 2010 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 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2010 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 38 LAMBOURN DRIVE be worth now?

38 LAMBOURN DRIVE might now be worth an estimated £368,104.

This is based on house price inflation of 94.8%, between May 2010 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 94.8% inflationary increase is applied to the most recent sale price for 38 LAMBOURN DRIVE of £189,000 on 21st May 2010. For the value to have increased from £189,000 to £368,104 over the fifteen years and three months to February 2025, the following assumptions must hold true:

• The value of 38 LAMBOURN DRIVE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The May 2010 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LAMBOURN DRIVE has not materially changed since May 2010.

How Large is 38 LAMBOURN DRIVE?

38 LAMBOURN DRIVE is 58m² according to the EPC inspection conducted in February 2010. 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 38 LAMBOURN DRIVE lies on this distribution: 2% of semi-detached houses houses are smaller than 38 LAMBOURN DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Luton.

38 LAMBOURN DRIVE: Plot and Title Map

38 LAMBOURN DRIVE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 38 LAMBOURN DRIVE, 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 LAMBOURN DRIVE). 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 LAMBOURN DRIVE?

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