554, OLD BEDFORD ROAD, LUTON, LU2 7BY - £425,000

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

554 OLD BEDFORD ROAD is a midsized detached house of 101m², built sometime between 1976 and 1982. It was last sold for £425,000 in August 2016, which was around 13% above the average August 2016 detached price in the Luton local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

554 OLD BEDFORD ROAD Sold Prices

Land registry data shows four sales for 554 OLD BEDFORD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 554 OLD BEDFORD ROAD 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 31 AUG	£425,000	£375,559	13% above HPI
2009 27 NOV	£285,000	£236,809	20% above HPI
2003 17 JAN	£246,500	£205,575	20% above HPI
1997 4 APR	£111,500	£78,874	41% above HPI

554 OLD BEDFORD 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 four 554 OLD BEDFORD ROAD sales between April 1997 and August 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 November 2009 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 554 OLD BEDFORD ROAD?

554 OLD BEDFORD ROAD is 101m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 554 OLD BEDFORD ROAD lies on this distribution: 41% of detached houses are smaller than 554 OLD BEDFORD ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Luton.

554 OLD BEDFORD ROAD: Plot and Title Map

554 OLD BEDFORD ROAD sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 554 OLD BEDFORD 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 554 OLD BEDFORD 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 554 OLD BEDFORD ROAD?

554 OLD BEDFORD ROAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 554 on OLD BEDFORD ROAD.