41, GRASMERE ROAD, LUTON, LU3 2DT - £280,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

41 GRASMERE ROAD is a very small semi-detached house of 81m², built sometime between 1930 and 1949. It was last sold for £280,000 in November 2018, which was around 31% below the average November 2018 detached price in the Luton local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

41 GRASMERE ROAD Sold Prices

Land registry data shows four sales for 41 GRASMERE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 41 GRASMERE ROAD 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
2018 16 NOV	£280,000	£405,487	31% below HPI
2011 17 NOV	£170,000	£241,239	30% below HPI
2005 1 NOV	£157,000	£232,650	33% below HPI
2004 28 JUL	£150,000	£227,123	34% below HPI

41 GRASMERE ROAD 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 four 41 GRASMERE ROAD sales between July 2004 and November 2018 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 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 41 GRASMERE ROAD?

41 GRASMERE ROAD is 81m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 41 GRASMERE ROAD lies on this distribution: 16% of detached houses are smaller than 41 GRASMERE ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Luton.

41 GRASMERE ROAD: Plot and Title Map

41 GRASMERE ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 41 GRASMERE ROAD, 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 GRASMERE ROAD). 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 GRASMERE ROAD?

41 GRASMERE ROAD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 41 on GRASMERE ROAD.