40, BUCHANAN DRIVE, LUTON, LU2 0RT - £177,000

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

40 BUCHANAN DRIVE is a midsized semi-detached house of 105m², built sometime between 1950 and 1966. It was last sold for £177,000 in July 2012, which was around 6% above the average July 2012 semi-detached price in the Luton local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

40 BUCHANAN DRIVE Sold Prices

Land registry data shows three sales for 40 BUCHANAN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. All of the three 40 BUCHANAN DRIVE 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
2012 30 JUL	£177,000	£166,386	6% above HPI
2000 19 MAY	£95,995	£78,307	23% above HPI
1997 10 OCT	£67,000	£54,869	22% above HPI

40 BUCHANAN DRIVE 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 three 40 BUCHANAN DRIVE sales between October 1997 and July 2012 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 May 2000 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2012 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 40 BUCHANAN DRIVE?

40 BUCHANAN DRIVE is 105m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 50% 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 40 BUCHANAN DRIVE lies on this distribution: 46% of semi-detached houses houses are smaller than 40 BUCHANAN DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Luton.

40 BUCHANAN DRIVE: Plot and Title Map

40 BUCHANAN DRIVE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 40 BUCHANAN 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 40 BUCHANAN 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 40 BUCHANAN DRIVE?

40 BUCHANAN DRIVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 40 on BUCHANAN DRIVE.