7, EVERGREEN WAY, LUTON, LU3 4AL - £332,000

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

7 EVERGREEN WAY is a very large extended detached house of 156m², built sometime between 1983 and 1990. It was last sold for £332,000 in July 2020, which was around 15% below the average July 2020 detached price in the Luton local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

7 EVERGREEN WAY Sold Prices

Land registry data shows three sales for 7 EVERGREEN 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. One of the three 7 EVERGREEN WAY sales was for below the average price, whilst two 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
2020 28 JUL	£332,000	£388,865	15% below HPI
2017 9 JAN	£1,136,551	£383,911	196% above HPI
2013 27 AUG	£260,000	£248,921	4% above HPI

7 EVERGREEN 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 7 EVERGREEN WAY sales between August 2013 and July 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 2017 sale was for 196% above the HPI. So the extrapolation line tracks at 196% above the HPI over time, until the July 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 EVERGREEN WAY?

7 EVERGREEN WAY is 156m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 7 EVERGREEN WAY lies on this distribution: 87% of detached houses are smaller than 7 EVERGREEN WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Luton.

7 EVERGREEN WAY: Plot and Title Map

7 EVERGREEN WAY sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 7 EVERGREEN 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 7 EVERGREEN 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 7 EVERGREEN WAY?

7 EVERGREEN WAY is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 7 on EVERGREEN WAY.