40, PERRYMEAD, LUTON, LU2 8UE - £350,000

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

40 PERRYMEAD is a small detached house of 95m², built sometime between 1991 and 1995. It was last sold for £350,000 in March 2021, which was around 13% below the average March 2021 detached price in the Luton local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was B.

40 PERRYMEAD Sold Prices

Land registry data shows three sales for 40 PERRYMEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 40 PERRYMEAD 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
2021 26 MAR	£350,000	£404,570	13% below HPI
2013 29 MAY	£215,000	£246,584	13% below HPI
2001 17 JUL	£135,000	£145,042	7% below HPI

40 PERRYMEAD 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 three 40 PERRYMEAD sales between July 2001 and March 2021 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 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2021 sale, which was also at 13% below the HPI.

How Large is 40 PERRYMEAD?

40 PERRYMEAD is 95m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% 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 PERRYMEAD lies on this distribution: 32% of detached houses are smaller than 40 PERRYMEAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Luton.

40 PERRYMEAD: Plot and Title Map

40 PERRYMEAD sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 40 PERRYMEAD, 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 PERRYMEAD). 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 PERRYMEAD?

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