40, KESTREL WAY, LUTON, LU4 0UD - £225,000

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 KESTREL WAY is a very small extended semi-detached house of 69m², built sometime between 1976 and 1982. It was last sold for £225,000 in June 2017, which was around 16% below the average June 2017 semi-detached price in the Luton local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

40 KESTREL WAY Sold Prices

Land registry data shows two sales for 40 KESTREL WAY 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. Both of the two 40 KESTREL WAY 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
2017 23 JUN	£225,000	£268,953	16% below HPI
2012 13 JAN	£133,000	£166,817	20% below HPI

40 KESTREL WAY 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 40 KESTREL WAY sales from January 2012 and June 2017 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 January 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2017 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 40 KESTREL WAY be worth now?

40 KESTREL WAY might now be worth an estimated £272,800.

This is based on house price inflation of 21.2%, between June 2017 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 21.2% inflationary increase is applied to the most recent sale price for 40 KESTREL WAY of £225,000 on 23rd June 2017. For the value to have increased from £225,000 to £272,800 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 40 KESTREL WAY has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The June 2017 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 40 KESTREL WAY has not materially changed since June 2017.

How Large is 40 KESTREL WAY?

40 KESTREL WAY is 69m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% 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 KESTREL WAY lies on this distribution: 6% of semi-detached houses houses are smaller than 40 KESTREL WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Luton.

40 KESTREL WAY: Plot and Title Map

40 KESTREL WAY sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 40 KESTREL WAY, 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 KESTREL WAY). 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 KESTREL WAY?

40 KESTREL WAY is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 40 on KESTREL WAY.