61, LOTHAIR ROAD, LUTON, LU2 7XB - £385,000

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

61 LOTHAIR ROAD is a small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £385,000 in December 2021, which was around 15% below the average December 2021 detached price in the Luton local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was B.

61 LOTHAIR ROAD Sold Prices

Land registry data shows three sales for 61 LOTHAIR 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. Two of the three 61 LOTHAIR ROAD sales were for below the average price, whilst one 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 6 DEC	£385,000	£455,048	15% below HPI
2011 28 OCT	£224,995	£238,919	6% below HPI
2002 5 NOV	£220,000	£199,105	10% above HPI

61 LOTHAIR 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 61 LOTHAIR ROAD sales between November 2002 and December 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 October 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 61 LOTHAIR ROAD?

61 LOTHAIR ROAD is 91m² according to the EPC inspection conducted in June 2021. 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 61 LOTHAIR ROAD lies on this distribution: 27% of detached houses are smaller than 61 LOTHAIR ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Luton.

61 LOTHAIR ROAD: Plot and Title Map

61 LOTHAIR ROAD sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 61 LOTHAIR 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 61 LOTHAIR 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 61 LOTHAIR ROAD?

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