56, GRANGE AVENUE, LUTON, LU4 9AU - £600,000

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

56 GRANGE AVENUE is a very large extended detached house of 421m², built sometime before 1900. It was last sold for £600,000 in March 2022, which was around 31% above the average March 2022 detached price in the Luton local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was D.

56 GRANGE AVENUE Sold Prices

Land registry data shows four sales for 56 GRANGE AVENUE 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 56 GRANGE AVENUE 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
2022 15 MAR	£600,000	£457,043	31% above HPI
2018 14 DEC	£727,000	£407,327	78% above HPI
2004 29 JUL	£495,000	£227,123	118% above HPI
1999 29 JAN	£215,000	£96,372	123% above HPI

56 GRANGE 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 four 56 GRANGE AVENUE sales between January 1999 and March 2022 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 December 2018 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the March 2022 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 56 GRANGE AVENUE?

56 GRANGE AVENUE is 421m², which includes two extensions, according to the EPC inspection conducted in August 2013. 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 56 GRANGE AVENUE lies on this distribution: More than 99% of detached houses are smaller than 56 GRANGE AVENUE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Luton.

56 GRANGE AVENUE: Plot and Title Map

56 GRANGE AVENUE sits on a plot of roughly 0.360 of an acre, or 1,456m². The below map shows the location of 56 GRANGE 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 56 GRANGE 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 56 GRANGE AVENUE?

56 GRANGE AVENUE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 56 on GRANGE AVENUE.