4, CORBRIDGE DRIVE, LUTON, LU2 9UH - £310,000

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

4 CORBRIDGE DRIVE is a very small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £310,000 in August 2016, which was around 17% below the average August 2016 detached price in the Luton local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

4 CORBRIDGE DRIVE Sold Prices

Land registry data shows two sales for 4 CORBRIDGE 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 4 CORBRIDGE 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
2016 12 AUG	£310,000	£375,559	17% below HPI
2014 14 AUG	£230,000	£277,446	17% below HPI

4 CORBRIDGE 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 4 CORBRIDGE DRIVE sales from August 2014 and August 2016 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 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2016 sale, which was also at 17% below the HPI.

How Large is 4 CORBRIDGE DRIVE?

4 CORBRIDGE DRIVE is 81m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 4 CORBRIDGE DRIVE lies on this distribution: 15% of detached houses are smaller than 4 CORBRIDGE DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 CORBRIDGE DRIVE: Plot and Title Map

4 CORBRIDGE DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 4 CORBRIDGE 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 4 CORBRIDGE 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 4 CORBRIDGE DRIVE?

4 CORBRIDGE DRIVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 4 on CORBRIDGE DRIVE.