40, MONTROSE AVENUE, LUTON, LU3 1HR - £425,000

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

40 MONTROSE AVENUE is a very large detached house of 182m², built sometime between 1950 and 1966. It was last sold for £425,000 in November 2015, which was around 27% above the average November 2015 detached price in the Luton local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

40 MONTROSE AVENUE Sold Prices

Land registry data shows two sales for 40 MONTROSE AVENUE 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. One of the two 40 MONTROSE AVENUE sales was for above the average price, whilst the other was 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
2015 17 NOV	£425,000	£334,562	27% above HPI
2014 23 OCT	£200,000	£281,403	29% below HPI

40 MONTROSE AVENUE 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 40 MONTROSE AVENUE sales from October 2014 and November 2015 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 October 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2015 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 40 MONTROSE AVENUE?

40 MONTROSE AVENUE is 182m² according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 40 MONTROSE AVENUE lies on this distribution: 93% of detached houses are smaller than 40 MONTROSE AVENUE, and 7% of houses are larger. Note that EPC data is not available for all properties in Luton.

40 MONTROSE AVENUE: Plot and Title Map

40 MONTROSE AVENUE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 40 MONTROSE AVENUE, 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 MONTROSE AVENUE). 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 MONTROSE AVENUE?

40 MONTROSE AVENUE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 40 on MONTROSE AVENUE.