38, LOWER LUTON ROAD, HARPENDEN, AL5 5AH - £515,000

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 LOWER LUTON ROAD is a small extended detached house of 128m², built sometime between 1950 and 1966. It was last sold for £515,000 in May 2019, which was around 46% below the average May 2019 detached price in the St Albans local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

38 LOWER LUTON ROAD Sold Prices

Land registry data shows five sales for 38 LOWER LUTON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. All of the five 38 LOWER LUTON 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
2019 3 MAY	£515,000	£946,905	46% below HPI
2014 31 JAN	£345,000	£717,991	52% below HPI
2002 2 DEC	£235,000	£468,727	50% below HPI
1999 30 JUL	£147,500	£276,584	47% below HPI
1997 23 MAY	£126,000	£205,318	39% below HPI

38 LOWER LUTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the St Albans local authority area over time, sourced from the HPI. The five 38 LOWER LUTON ROAD sales between May 1997 and May 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 January 2014 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the May 2019 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 38 LOWER LUTON ROAD?

38 LOWER LUTON ROAD is 128m², which includes three extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses by size in Harpenden, and where 38 LOWER LUTON ROAD lies on this distribution: 25% of detached houses are smaller than 38 LOWER LUTON ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

38 LOWER LUTON ROAD: Plot and Title Map

38 LOWER LUTON ROAD sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 38 LOWER LUTON 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 LOWER LUTON 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 LOWER LUTON ROAD?

38 LOWER LUTON ROAD is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 38 on LOWER LUTON ROAD.