46, BUCHANAN DRIVE, LUTON, LU2 0RT - £270,000

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

46 BUCHANAN DRIVE is a large semi-detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £330,220. It was last sold for £270,000 in May 2017, which was around 1% above the average May 2017 semi-detached price in the Luton local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

46 BUCHANAN DRIVE Sold Prices

Land registry data shows four sales for 46 BUCHANAN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Most of the four 46 BUCHANAN DRIVE 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
2017 5 MAY	£270,000	£266,623	1% above HPI
2014 31 JUL	£180,000	£184,530	2% below HPI
2001 10 MAY	£115,500	£89,433	29% above HPI
1999 25 AUG	£89,995	£65,519	37% above HPI

46 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 four 46 BUCHANAN DRIVE sales between August 1999 and May 2017 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 July 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 46 BUCHANAN DRIVE be worth now?

46 BUCHANAN DRIVE might now be worth an estimated £330,220.

This is based on house price inflation of 22.3%, between May 2017 and December 2024, 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 22.3% inflationary increase is applied to the most recent sale price for 46 BUCHANAN DRIVE of £270,000 on 5th May 2017. For the value to have increased from £270,000 to £330,220 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 46 BUCHANAN DRIVE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The May 2017 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 46 BUCHANAN DRIVE has not materially changed since May 2017.

How Large is 46 BUCHANAN DRIVE?

46 BUCHANAN DRIVE is 117m² according to the EPC inspection conducted in January 2013. This puts it in the largest 40% 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 46 BUCHANAN DRIVE lies on this distribution: 60% of semi-detached houses houses are smaller than 46 BUCHANAN DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Luton.

46 BUCHANAN DRIVE: Plot and Title Map

46 BUCHANAN DRIVE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 46 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 46 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 46 BUCHANAN DRIVE?

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