437, HITCHIN ROAD, LUTON, LU2 7SP - £196,000

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

437 HITCHIN ROAD is a large extended detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £535,480. It was last sold for £196,000 in July 2002, which was around 15% above the average July 2002 detached price in the Luton local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

437 HITCHIN ROAD Sold Prices

Land registry data shows two sales for 437 HITCHIN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 437 HITCHIN ROAD sales were 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
2002 16 JUL	£196,000	£170,828	15% above HPI
1996 2 MAY	£77,000	£70,445	9% above HPI

437 HITCHIN 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 two 437 HITCHIN ROAD sales from May 1996 and July 2002 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 1996 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2002 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 437 HITCHIN ROAD be worth now?

437 HITCHIN ROAD might now be worth an estimated £535,480.

This is based on house price inflation of 173.2%, between July 2002 and December 2024, 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 173.2% inflationary increase is applied to the most recent sale price for 437 HITCHIN ROAD of £196,000 on 16th July 2002. For the value to have increased from £196,000 to £535,480 over the 21 years and seven months to December 2024, the following assumptions must hold true:

• The value of 437 HITCHIN ROAD has moved in line with the HPI for detached houses in the Luton local authority area.
• The July 2002 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 437 HITCHIN ROAD has not materially changed since July 2002.

How Large is 437 HITCHIN ROAD?

437 HITCHIN ROAD is 121m², which includes two extensions, according to the EPC inspection conducted in December 2010. This puts it in the largest 40% 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 437 HITCHIN ROAD lies on this distribution: 65% of detached houses houses are smaller than 437 HITCHIN ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Luton.

437 HITCHIN ROAD: Plot and Title Map

437 HITCHIN ROAD sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 437 HITCHIN 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 437 HITCHIN 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 437 HITCHIN ROAD?

437 HITCHIN ROAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 437 on HITCHIN ROAD.