398, SELBOURNE ROAD, LUTON, LU4 8NU - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

398 SELBOURNE ROAD is a large semi-detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £326,168. It was last sold for £275,000 in October 2018, which was about the average October 2018 semi-detached price in the Luton local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

398 SELBOURNE ROAD Sold Prices

Land registry data shows two sales for 398 SELBOURNE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. One of the two 398 SELBOURNE ROAD sales was roughly equal to the average price, whilst the other was 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
2018 12 OCT	£275,000	£274,934	Close to HPI
1995 9 AUG	£59,000	£48,273	22% above HPI

398 SELBOURNE ROAD 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 two 398 SELBOURNE ROAD sales from August 1995 and October 2018 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 August 1995 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 398 SELBOURNE ROAD be worth now?

398 SELBOURNE ROAD might now be worth an estimated £326,168.

This is based on house price inflation of 18.6%, between October 2018 and December 2024, 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 18.6% inflationary increase is applied to the most recent sale price for 398 SELBOURNE ROAD of £275,000 on 12th October 2018. For the value to have increased from £275,000 to £326,168 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 398 SELBOURNE ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The October 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 398 SELBOURNE ROAD has not materially changed since October 2018.

How Large is 398 SELBOURNE ROAD?

398 SELBOURNE ROAD is 125m² according to the EPC inspection conducted in January 2016. This puts it in the largest 40% 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 398 SELBOURNE ROAD lies on this distribution: 68% of semi-detached houses houses are smaller than 398 SELBOURNE ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Luton.

398 SELBOURNE ROAD: Plot and Title Map

398 SELBOURNE ROAD sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 398 SELBOURNE 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 398 SELBOURNE 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 398 SELBOURNE ROAD?

398 SELBOURNE ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 398 on SELBOURNE ROAD.