6, WELLGATE ROAD, LUTON, LU4 9TD - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 WELLGATE ROAD is a large extended detached house of 138m², built sometime between 1950 and 1966, which could now be worth an estimated £473,759. It was last sold for £250,000 in July 2012, which was around 3% above the average July 2012 detached price in the Luton local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

6 WELLGATE ROAD Sold Prices

Land registry data shows three sales for 6 WELLGATE ROAD 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. One of the three 6 WELLGATE ROAD sales was for above the average price, whilst two 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
2012 16 JUL	£250,000	£243,447	3% above HPI
2001 27 SEP	£145,000	£148,240	2% below HPI
2000 14 APR	£115,000	£117,907	2% below HPI

6 WELLGATE 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 three 6 WELLGATE ROAD sales between April 2000 and July 2012 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 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2012 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 6 WELLGATE ROAD be worth now?

6 WELLGATE ROAD might now be worth an estimated £473,759.

This is based on house price inflation of 89.5%, between July 2012 and February 2025, for detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 89.5% inflationary increase is applied to the most recent sale price for 6 WELLGATE ROAD of £250,000 on 16th July 2012. For the value to have increased from £250,000 to £473,759 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 6 WELLGATE ROAD has moved in line with the HPI for detached houses in the Luton local authority area.
• The July 2012 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 6 WELLGATE ROAD has not materially changed since July 2012.

How Large is 6 WELLGATE ROAD?

6 WELLGATE ROAD is 138m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the largest 30% of detached houses houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 6 WELLGATE ROAD lies on this distribution: 79% of detached houses houses are smaller than 6 WELLGATE ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Luton.

6 WELLGATE ROAD: Plot and Title Map

6 WELLGATE ROAD sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 6 WELLGATE 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 6 WELLGATE 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 6 WELLGATE ROAD?

6 WELLGATE ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 6 on WELLGATE ROAD.