61, CROMER WAY, LUTON, LU2 7EE - £477,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

61 CROMER WAY is a midsized extended detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £468,955. It was last sold for £477,500 in August 2022, which was around 2% above the average August 2022 detached price in the Luton local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

61 CROMER WAY Sold Prices

Land registry data shows two sales for 61 CROMER WAY 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. Both of the two 61 CROMER WAY 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 12 AUG	£477,500	£469,747	2% above HPI
2001 17 AUG	£179,995	£144,824	24% above HPI

61 CROMER 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 two 61 CROMER WAY sales from August 2001 and August 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 August 2001 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 61 CROMER WAY be worth now?

61 CROMER WAY might now be worth an estimated £468,955.

This is based on house price deflation of 1.8%, between August 2022 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 1.8% deflationary decrease is applied to the most recent sale price for 61 CROMER WAY of £477,500 on 12th August 2022. For the value to have decreased from £477,500 to £468,955 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 61 CROMER WAY has moved in line with the HPI for detached houses in the Luton local authority area.
• The August 2022 sale price of £477,500 represented a fair market value for the property.
• The size, condition, and specification of 61 CROMER WAY has not materially changed since August 2022.

How Large is 61 CROMER WAY?

61 CROMER WAY is 113m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% 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 61 CROMER WAY lies on this distribution: 55% of detached houses houses are smaller than 61 CROMER WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Luton.

61 CROMER WAY: Plot and Title Map

61 CROMER WAY sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 61 CROMER 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 61 CROMER 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 61 CROMER WAY?

61 CROMER WAY is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 61 on CROMER WAY.