43, BUCHANAN DRIVE, LUTON, LU2 0RX - £136,500

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

43 BUCHANAN DRIVE is a very small semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £291,314. It was last sold for £136,500 in May 2004, which was around 9% below the average May 2004 semi-detached price in the Luton local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

43 BUCHANAN DRIVE Sold Prices

Land registry data shows two sales for 43 BUCHANAN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Both of the two 43 BUCHANAN DRIVE 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
2004 7 MAY	£136,500	£150,828	9% below HPI
2000 28 JAN	£59,995	£72,334	17% below HPI

43 BUCHANAN DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The two 43 BUCHANAN DRIVE sales from January 2000 and May 2004 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 January 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2004 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 43 BUCHANAN DRIVE be worth now?

43 BUCHANAN DRIVE might now be worth an estimated £291,314.

This is based on house price inflation of 113.4%, between May 2004 and February 2025, for semi-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 113.4% inflationary increase is applied to the most recent sale price for 43 BUCHANAN DRIVE of £136,500 on 7th May 2004. For the value to have increased from £136,500 to £291,314 over the 21 years and three months to February 2025, the following assumptions must hold true:

• The value of 43 BUCHANAN DRIVE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The May 2004 sale price of £136,500 represented a fair market value for the property.
• The size, condition, and specification of 43 BUCHANAN DRIVE has not materially changed since May 2004.

How Large is 43 BUCHANAN DRIVE?

43 BUCHANAN DRIVE is 78m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 43 BUCHANAN DRIVE lies on this distribution: 12% of semi-detached houses houses are smaller than 43 BUCHANAN DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Luton.

43 BUCHANAN DRIVE: Plot and Title Map

43 BUCHANAN DRIVE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 43 BUCHANAN DRIVE, 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 43 BUCHANAN DRIVE). 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 43 BUCHANAN DRIVE?

43 BUCHANAN DRIVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 43 on BUCHANAN DRIVE.