58, ELY WAY, LUTON, LU4 9QN - £180,000

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

58 ELY WAY is a small detached house of 90m², built sometime between 2003 and 2006. It was last sold for £180,000 in June 2014, which was around 33% below the average June 2014 detached price in the Luton local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

58 ELY WAY Sold Prices

Land registry data shows three sales for 58 ELY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 58 ELY WAY 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
2014 25 JUN	£180,000	£268,295	33% below HPI
2010 3 SEP	£173,000	£244,673	29% below HPI
2006 12 MAY	£61,000	£234,915	74% below HPI

58 ELY WAY 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 three 58 ELY WAY sales between May 2006 and June 2014 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 September 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 58 ELY WAY?

58 ELY WAY is 90m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 58 ELY WAY lies on this distribution: 26% of detached houses are smaller than 58 ELY WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Luton.

58 ELY WAY: Plot and Title Map

58 ELY WAY sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 58 ELY WAY, 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 58 ELY WAY). 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 58 ELY WAY?

58 ELY WAY is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 58 on ELY WAY.