5, CORINIUM GARDENS, LUTON, LU3 4DB - £421,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 CORINIUM GARDENS is a large extended detached house of 132m², built sometime between 1983 and 1990. It was last sold for £421,000 in February 2016, which was around 21% above the average February 2016 detached price in the Luton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

5 CORINIUM GARDENS Sold Prices

Land registry data shows three sales for 5 CORINIUM GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 5 CORINIUM GARDENS 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
2016 19 FEB	£421,000	£348,951	21% above HPI
2006 5 JAN	£303,000	£230,678	31% above HPI
1999 17 DEC	£129,000	£111,597	16% above HPI

5 CORINIUM GARDENS 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 three 5 CORINIUM GARDENS sales between December 1999 and February 2016 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 January 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the February 2016 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 5 CORINIUM GARDENS?

5 CORINIUM GARDENS is 132m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 5 CORINIUM GARDENS lies on this distribution: 74% of detached houses are smaller than 5 CORINIUM GARDENS, and 25% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 CORINIUM GARDENS: Plot and Title Map

5 CORINIUM GARDENS sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 5 CORINIUM GARDENS, 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 5 CORINIUM GARDENS). 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 5 CORINIUM GARDENS?

5 CORINIUM GARDENS is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 5 on CORINIUM GARDENS.