49, CANNON LANE, LUTON, LU2 8BJ - £244,300

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.

49 CANNON LANE is a midsized extended semi-detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £484,778. It was last sold for £244,300 in November 2011, which was around 51% above the average November 2011 semi-detached price in the Luton local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

49 CANNON LANE Sold Prices

Land registry data shows three sales for 49 CANNON LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. All of the three 49 CANNON LANE 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
2011 24 NOV	£244,300	£162,215	51% above HPI
2006 27 OCT	£240,000	£169,412	42% above HPI
2000 29 JUN	£152,000	£80,327	89% above HPI

49 CANNON LANE 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 three 49 CANNON LANE sales between June 2000 and November 2011 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 October 2006 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2011 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 49 CANNON LANE be worth now?

49 CANNON LANE might now be worth an estimated £484,778.

This is based on house price inflation of 98.4%, between November 2011 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 98.4% inflationary increase is applied to the most recent sale price for 49 CANNON LANE of £244,300 on 24th November 2011. For the value to have increased from £244,300 to £484,778 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 49 CANNON LANE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The November 2011 sale price of £244,300 represented a fair market value for the property.
• The size, condition, and specification of 49 CANNON LANE has not materially changed since November 2011.

How Large is 49 CANNON LANE?

49 CANNON LANE is 104m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% 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 49 CANNON LANE lies on this distribution: 45% of semi-detached houses houses are smaller than 49 CANNON LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Luton.

49 CANNON LANE: Plot and Title Map

49 CANNON LANE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 49 CANNON LANE, 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 49 CANNON LANE). 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 49 CANNON LANE?

49 CANNON LANE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 49 on CANNON LANE.