57, HERON DRIVE, LUTON, LU2 7LZ - £340,000

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

57 HERON DRIVE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £340,000 in July 2021, which was around 18% below the average July 2021 detached price in the Luton local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

57 HERON DRIVE Sold Prices

Land registry data shows two sales for 57 HERON DRIVE 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 57 HERON DRIVE sales was for below the average price, whilst the other was 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
2021 30 JUL	£340,000	£416,819	18% below HPI
1998 6 JUL	£94,000	£91,460	3% above HPI

57 HERON DRIVE 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 57 HERON DRIVE sales from July 1998 and July 2021 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 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 57 HERON DRIVE?

57 HERON DRIVE is 76m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 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 57 HERON DRIVE lies on this distribution: 10% of detached houses are smaller than 57 HERON DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Luton.

57 HERON DRIVE: Plot and Title Map

57 HERON DRIVE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 57 HERON DRIVE, 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 57 HERON DRIVE). 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 57 HERON DRIVE?

57 HERON DRIVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 57 on HERON DRIVE.