46, BIRLING DRIVE, LUTON, LU2 8JA - £350,000

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.

46 BIRLING DRIVE is a small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £391,888. It was last sold for £350,000 in December 2020, which was around 15% below the average December 2020 detached price in the Luton local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

46 BIRLING DRIVE Sold Prices

Land registry data shows two sales for 46 BIRLING DRIVE 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. One of the two 46 BIRLING DRIVE sales was for below the average price, whilst the other was 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
2020 11 DEC	£350,000	£412,029	15% below HPI
2006 23 JUN	£234,500	£232,990	1% above HPI

46 BIRLING 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 two 46 BIRLING DRIVE sales from June 2006 and December 2020 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 June 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 46 BIRLING DRIVE be worth now?

46 BIRLING DRIVE might now be worth an estimated £391,888.

This is based on house price inflation of 12%, between December 2020 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 12% inflationary increase is applied to the most recent sale price for 46 BIRLING DRIVE of £350,000 on 11th December 2020. For the value to have increased from £350,000 to £391,888 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 46 BIRLING DRIVE has moved in line with the HPI for detached houses in the Luton local authority area.
• The December 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 46 BIRLING DRIVE has not materially changed since December 2020.

How Large is 46 BIRLING DRIVE?

46 BIRLING DRIVE is 93m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% 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 46 BIRLING DRIVE lies on this distribution: 30% of detached houses houses are smaller than 46 BIRLING DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Luton.

46 BIRLING DRIVE: Plot and Title Map

46 BIRLING DRIVE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 46 BIRLING 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 46 BIRLING 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 46 BIRLING DRIVE?

46 BIRLING DRIVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 46 on BIRLING DRIVE.