41, FAIRFORD AVENUE, LUTON, LU2 7ES - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41 FAIRFORD AVENUE is a very large detached house of 142m², built sometime between 1930 and 1949, which could now be worth an estimated £449,292. It was last sold for £375,000 in March 2017, which was around 3% below the average March 2017 detached price in the Luton local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

41 FAIRFORD AVENUE Sold Prices

Land registry data shows three sales for 41 FAIRFORD AVENUE 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. Two of the three 41 FAIRFORD AVENUE sales were for below the average price, whilst one was 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
2017 10 MAR	£375,000	£385,057	3% below HPI
2012 25 MAY	£240,000	£238,005	1% above HPI
2011 17 OCT	£160,000	£237,518	33% below HPI

41 FAIRFORD 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 three 41 FAIRFORD AVENUE sales between October 2011 and March 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 May 2012 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 41 FAIRFORD AVENUE be worth now?

41 FAIRFORD AVENUE might now be worth an estimated £449,292.

This is based on house price inflation of 19.8%, between March 2017 and February 2025, 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 19.8% inflationary increase is applied to the most recent sale price for 41 FAIRFORD AVENUE of £375,000 on 10th March 2017. For the value to have increased from £375,000 to £449,292 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 41 FAIRFORD AVENUE has moved in line with the HPI for detached houses in the Luton local authority area.
• The March 2017 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 41 FAIRFORD AVENUE has not materially changed since March 2017.

How Large is 41 FAIRFORD AVENUE?

41 FAIRFORD AVENUE is 142m² according to the EPC inspection conducted in December 2011. This puts it in the largest 20% 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 41 FAIRFORD AVENUE lies on this distribution: 81% of detached houses houses are smaller than 41 FAIRFORD AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Luton.

41 FAIRFORD AVENUE: Plot and Title Map

41 FAIRFORD AVENUE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 41 FAIRFORD 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 41 FAIRFORD 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 41 FAIRFORD AVENUE?

41 FAIRFORD AVENUE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 41 on FAIRFORD AVENUE.