5, LUTHER WAY, BRADFORD, BD2 1EX - £267,500

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

5 LUTHER WAY is a large detached house of 131m², built sometime between 1950 and 1966, which could now be worth an estimated £284,212. It was last sold for £267,500 in February 2023, which was around 10% below the average February 2023 detached price in the Bradford local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was B.

5 LUTHER WAY Sold Prices

Land registry data shows two sales for 5 LUTHER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bradford local authority area for the corresponding sale date. Both of the two 5 LUTHER WAY sales were for below 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
2023 20 FEB	£267,500	£298,004	10% below HPI
2001 20 JUL	£85,500	£91,364	6% below HPI

5 LUTHER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bradford local authority area over time, sourced from the HPI. The two 5 LUTHER WAY sales from July 2001 and February 2023 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 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 LUTHER WAY be worth now?

5 LUTHER WAY might now be worth an estimated £284,212.

This is based on house price inflation of 6.2%, between February 2023 and December 2024, for detached houses, in the Bradford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.2% inflationary increase is applied to the most recent sale price for 5 LUTHER WAY of £267,500 on 20th February 2023. For the value to have increased from £267,500 to £284,212 over the two months to December 2024, the following assumptions must hold true:

• The value of 5 LUTHER WAY has moved in line with the HPI for detached houses in the Bradford local authority area.
• The February 2023 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 5 LUTHER WAY has not materially changed since February 2023.

How Large is 5 LUTHER WAY?

5 LUTHER WAY is 131m² according to the EPC inspection conducted in February 2023. This puts it in the largest 30% of detached houses houses in Bradford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bradford, and where 5 LUTHER WAY lies on this distribution: 72% of detached houses houses are smaller than 5 LUTHER WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Bradford.

5 LUTHER WAY: Plot and Title Map

5 LUTHER WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 5 LUTHER WAY, 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 LUTHER WAY). 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 LUTHER WAY?

5 LUTHER WAY is located in BRADFORD, in the BD2 postcode district. The below map shows the position of No. 5 on LUTHER WAY.