5, FARNLEY GROVE, LUTON, LU2 0BN - £540,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 FARNLEY GROVE is a very large detached house of 182m², built sometime between 2003 and 2006. It was last sold for £540,000 in August 2014, which was around 95% above the average August 2014 detached price in the Luton local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

5 FARNLEY GROVE Sold Prices

Land registry data shows two sales for 5 FARNLEY GROVE 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. Both of the two 5 FARNLEY GROVE 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
2014 1 AUG	£540,000	£277,446	95% above HPI
2003 17 OCT	£310,000	£218,350	42% above HPI

5 FARNLEY GROVE 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 5 FARNLEY GROVE sales from October 2003 and August 2014 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 2003 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the August 2014 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is 5 FARNLEY GROVE?

5 FARNLEY GROVE is 182m² according to the EPC inspection conducted in April 2014. This puts it in the largest 10% 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 FARNLEY GROVE lies on this distribution: 93% of detached houses are smaller than 5 FARNLEY GROVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 FARNLEY GROVE: Plot and Title Map

5 FARNLEY GROVE sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of 5 FARNLEY GROVE, 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 FARNLEY GROVE). 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 FARNLEY GROVE?

5 FARNLEY GROVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 5 on FARNLEY GROVE.