59, HERON DRIVE, LUTON, LU2 7LZ - £395,000

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

59 HERON DRIVE is a small detached house of 100m², built sometime between 1967 and 1975. It was last sold for £395,000 in December 2020, which was around 5% below the average December 2020 detached price in the Luton local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

59 HERON DRIVE Sold Prices

Land registry data shows five sales for 59 HERON DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Most of the five 59 HERON DRIVE 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
2020 18 DEC	£395,000	£414,459	5% below HPI
2013 17 JAN	£210,000	£246,372	15% below HPI
2002 18 OCT	£167,000	£192,010	13% below HPI
2000 7 APR	£120,000	£118,602	1% above HPI
1997 25 APR	£69,500	£78,874	12% below HPI

59 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 five 59 HERON DRIVE sales between April 1997 and December 2020 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 January 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 59 HERON DRIVE?

59 HERON DRIVE is 100m² according to the EPC inspection conducted in March 2015. 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 59 HERON DRIVE lies on this distribution: 39% of detached houses are smaller than 59 HERON DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Luton.

59 HERON DRIVE: Plot and Title Map

59 HERON DRIVE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 59 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 59 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 59 HERON DRIVE?

59 HERON DRIVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 59 on HERON DRIVE.