54, OAKLEY ROAD, LUTON, LU4 9PU - £270,000

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

54 OAKLEY ROAD is a very large extended detached house of 165m², built sometime between 1930 and 1949. It was last sold for £270,000 in May 2008, which was around 2% above the average May 2008 detached price in the Luton local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

54 OAKLEY ROAD Sold Prices

Land registry data shows two sales for 54 OAKLEY ROAD 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. One of the two 54 OAKLEY ROAD sales was for above the average price, whilst the other was 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
2008 30 MAY	£270,000	£263,868	2% above HPI
1997 31 JAN	£67,000	£74,290	10% below HPI

54 OAKLEY ROAD 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 54 OAKLEY ROAD sales from January 1997 and May 2008 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 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2008 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 54 OAKLEY ROAD?

54 OAKLEY ROAD is 165m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 54 OAKLEY ROAD lies on this distribution: 89% of detached houses are smaller than 54 OAKLEY ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Luton.

54 OAKLEY ROAD: Plot and Title Map

54 OAKLEY ROAD sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 54 OAKLEY ROAD, 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 54 OAKLEY ROAD). 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 54 OAKLEY ROAD?

54 OAKLEY ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 54 on OAKLEY ROAD.