49, PERRYMEAD, LUTON, LU2 8UF - £173,000

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

49 PERRYMEAD is a very small semi-detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £311,808. It was last sold for £173,000 in August 2007, which was around 4% below the average August 2007 semi-detached price in the Luton local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

49 PERRYMEAD Sold Prices

Land registry data shows two sales for 49 PERRYMEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. One of the two 49 PERRYMEAD 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
2007 10 AUG	£173,000	£180,924	4% below HPI
1996 31 OCT	£56,000	£48,475	16% above HPI

49 PERRYMEAD 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 two 49 PERRYMEAD sales from October 1996 and August 2007 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 1996 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2007 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 49 PERRYMEAD be worth now?

49 PERRYMEAD might now be worth an estimated £311,808.

This is based on house price inflation of 80.2%, between August 2007 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 80.2% inflationary increase is applied to the most recent sale price for 49 PERRYMEAD of £173,000 on 10th August 2007. For the value to have increased from £173,000 to £311,808 over the sixteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 49 PERRYMEAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The August 2007 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 49 PERRYMEAD has not materially changed since August 2007.

How Large is 49 PERRYMEAD?

49 PERRYMEAD is 68m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% 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 PERRYMEAD lies on this distribution: 5% of semi-detached houses houses are smaller than 49 PERRYMEAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Luton.

49 PERRYMEAD: Plot and Title Map

49 PERRYMEAD sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 49 PERRYMEAD, 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 PERRYMEAD). 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 PERRYMEAD?

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