54A, THE AVENUE, LUTON, LU4 9AQ - £190,000

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

54A THE AVENUE is a small detached house of 96m², built sometime between 1950 and 1966. It was last sold for £190,000 in October 2012, which was around 22% below the average October 2012 detached price in the Luton local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

54A THE AVENUE Sold Prices

Land registry data shows two sales for 54A THE AVENUE 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 54A THE AVENUE 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
2012 4 OCT	£190,000	£242,470	22% below HPI
2001 25 MAY	£108,000	£141,284	24% below HPI

54A THE AVENUE 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 54A THE AVENUE sales from May 2001 and October 2012 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 May 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2012 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 54A THE AVENUE?

54A THE AVENUE is 96m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 54A THE AVENUE lies on this distribution: 34% of detached houses are smaller than 54A THE AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Luton.

54A THE AVENUE: Plot and Title Map

54A THE AVENUE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 54A THE AVENUE, 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 54A THE AVENUE). 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 54A THE AVENUE?

54A THE AVENUE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 54A on THE AVENUE.