41, LUTON ROAD, CADDINGTON, LUTON, LU1 4AF - £476,000

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

41 LUTON ROAD is a very large extended detached house of 149m², built sometime between 1950 and 1966. It was last sold for £476,000 in June 2021, which was around 6% below the average June 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

41 LUTON ROAD Sold Prices

Land registry data shows four sales for 41 LUTON 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 Central Bedfordshire local authority area for the corresponding sale date. Most of the four 41 LUTON 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
2021 22 JUN	£476,000	£504,201	6% below HPI
2006 20 FEB	£320,000	£291,751	10% above HPI
2002 15 JAN	£183,000	£205,625	11% below HPI
2000 12 OCT	£131,500	£184,798	29% below HPI

41 LUTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The four 41 LUTON ROAD sales between October 2000 and June 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 February 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 41 LUTON ROAD?

41 LUTON ROAD is 149m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Caddington, based on EPC data. The below chart shows the distribution of detached houses by size in Caddington, and where 41 LUTON ROAD lies on this distribution: 80% of detached houses are smaller than 41 LUTON ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Caddington.

41 LUTON ROAD: Plot and Title Map

41 LUTON ROAD sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 41 LUTON 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 LUTON 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 LUTON ROAD?

41 LUTON ROAD is located in CADDINGTON, in the LU1 postcode district. The below map shows the position of No. 41 on LUTON ROAD.