394, OLD BEDFORD ROAD, LUTON, LU2 7BS - £850,000

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

394 OLD BEDFORD ROAD is a midsized detached house of 112m², built sometime between 1950 and 1966. It was last sold for £850,000 in January 2023, which was around 77% above the average January 2023 detached price in the Luton local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

394 OLD BEDFORD ROAD Sold Prices

Land registry data shows two sales for 394 OLD BEDFORD 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 394 OLD BEDFORD ROAD 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
2023 17 JAN	£850,000	£479,400	77% above HPI
2007 5 MAR	£390,000	£250,999	55% above HPI

394 OLD BEDFORD 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 394 OLD BEDFORD ROAD sales from March 2007 and January 2023 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 March 2007 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the January 2023 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 394 OLD BEDFORD ROAD?

394 OLD BEDFORD ROAD is 112m² according to the EPC inspection conducted in October 2022. 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 394 OLD BEDFORD ROAD lies on this distribution: 54% of detached houses are smaller than 394 OLD BEDFORD ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Luton.

394 OLD BEDFORD ROAD: Plot and Title Map

394 OLD BEDFORD ROAD sits on a plot of roughly 0.164 of an acre, or 663m². The below map shows the location of 394 OLD BEDFORD 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 394 OLD BEDFORD 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 394 OLD BEDFORD ROAD?

394 OLD BEDFORD ROAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 394 on OLD BEDFORD ROAD.