38, SELSEY DRIVE, LUTON, LU2 8HZ - £320,000

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 SELSEY DRIVE is a midsized extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £320,000 in June 2021, which was around 22% below the average June 2021 detached price in the Luton local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

38 SELSEY DRIVE Sold Prices

Land registry data shows two sales for 38 SELSEY DRIVE 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 SELSEY DRIVE 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
2021 30 JUN	£320,000	£411,652	22% below HPI
2011 4 NOV	£240,000	£241,239	1% below HPI

38 SELSEY DRIVE 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 SELSEY DRIVE sales from November 2011 and June 2021 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 November 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 38 SELSEY DRIVE?

38 SELSEY DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 50% 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 SELSEY DRIVE lies on this distribution: 50% of detached houses are smaller than 38 SELSEY DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Luton.

38 SELSEY DRIVE: Plot and Title Map

38 SELSEY DRIVE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 38 SELSEY 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 SELSEY 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 SELSEY DRIVE?

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