40, SOWERBY AVENUE, LUTON, LU2 8AF - £250,000

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 SOWERBY AVENUE is a midsized extended detached house of 102m², built sometime between 1930 and 1949, which could now be worth an estimated £477,438. It was last sold for £250,000 in March 2013, which was around 2% above the average March 2013 detached price in the Luton local authority area. The most recent EPC inspection was December 2010, where the current energy rating was E, and the potential energy rating was D.

40 SOWERBY AVENUE Sold Prices

Land registry data shows two sales for 40 SOWERBY 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. Both of the two 40 SOWERBY AVENUE 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
2013 18 MAR	£250,000	£244,382	2% above HPI
1995 10 NOV	£78,000	£74,263	5% above HPI

40 SOWERBY 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 SOWERBY AVENUE sales from November 1995 and March 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 November 1995 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2013 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 40 SOWERBY AVENUE be worth now?

40 SOWERBY AVENUE might now be worth an estimated £477,438.

This is based on house price inflation of 91%, between March 2013 and December 2024, for 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 91% inflationary increase is applied to the most recent sale price for 40 SOWERBY AVENUE of £250,000 on 18th March 2013. For the value to have increased from £250,000 to £477,438 over the ten years and three months to December 2024, the following assumptions must hold true:

• The value of 40 SOWERBY AVENUE has moved in line with the HPI for detached houses in the Luton local authority area.
• The March 2013 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SOWERBY AVENUE has not materially changed since March 2013.

How Large is 40 SOWERBY AVENUE?

40 SOWERBY AVENUE is 102m², which includes two extensions, according to the EPC inspection conducted in December 2010. This puts it in the smallest 50% of detached houses houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 40 SOWERBY AVENUE lies on this distribution: 42% of detached houses houses are smaller than 40 SOWERBY AVENUE, and 58% of houses are larger. Note that EPC data is not available for all properties in Luton.

40 SOWERBY AVENUE: Plot and Title Map

40 SOWERBY AVENUE sits on a plot of roughly 0.252 of an acre, or 1,021m². The below map shows the location of 40 SOWERBY 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 SOWERBY 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 SOWERBY AVENUE?

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