43, BUCKINGHAM DRIVE, LUTON, LU2 9RA - £185,000

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.

43 BUCKINGHAM DRIVE is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £348,163. It was last sold for £185,000 in May 2013, which was around 25% below the average May 2013 detached price in the Luton local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

43 BUCKINGHAM DRIVE Sold Prices

Land registry data shows four sales for 43 BUCKINGHAM DRIVE 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 43 BUCKINGHAM 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
2013 10 MAY	£185,000	£245,138	25% below HPI
2012 21 SEP	£185,000	£242,426	24% below HPI
2007 20 SEP	£165,000	£266,498	38% below HPI
1996 9 AUG	£45,000	£74,030	39% below HPI

43 BUCKINGHAM DRIVE 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 43 BUCKINGHAM DRIVE sales between August 1996 and May 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 September 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2013 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 43 BUCKINGHAM DRIVE be worth now?

43 BUCKINGHAM DRIVE might now be worth an estimated £348,163.

This is based on house price inflation of 88.2%, between May 2013 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 88.2% inflationary increase is applied to the most recent sale price for 43 BUCKINGHAM DRIVE of £185,000 on 10th May 2013. For the value to have increased from £185,000 to £348,163 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 43 BUCKINGHAM DRIVE has moved in line with the HPI for detached houses in the Luton local authority area.
• The May 2013 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 43 BUCKINGHAM DRIVE has not materially changed since May 2013.

How Large is 43 BUCKINGHAM DRIVE?

43 BUCKINGHAM DRIVE is 73m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% 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 43 BUCKINGHAM DRIVE lies on this distribution: 8% of detached houses houses are smaller than 43 BUCKINGHAM DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Luton.

43 BUCKINGHAM DRIVE: Plot and Title Map

43 BUCKINGHAM DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 43 BUCKINGHAM 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 BUCKINGHAM 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 BUCKINGHAM DRIVE?

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