4, COTEFIELD, LUTON, LU4 0EQ - £193,000

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

4 COTEFIELD is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £193,000 in January 2013, which was around 22% below the average January 2013 detached price in the Luton local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

4 COTEFIELD Sold Prices

Land registry data shows two sales for 4 COTEFIELD 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 COTEFIELD 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
2013 21 JAN	£193,000	£246,372	22% below HPI
1996 19 JUL	£64,000	£73,998	14% below HPI

4 COTEFIELD 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 COTEFIELD sales from July 1996 and January 2013 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 July 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2013 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 4 COTEFIELD?

4 COTEFIELD is 81m² according to the EPC inspection conducted in September 2014. 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 COTEFIELD lies on this distribution: 15% of detached houses are smaller than 4 COTEFIELD, and 84% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 COTEFIELD: Plot and Title Map

4 COTEFIELD sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 4 COTEFIELD, 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 COTEFIELD). 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 COTEFIELD?

4 COTEFIELD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 4 on COTEFIELD.