7, PARKLAND DRIVE, LUTON, LU1 3SU - £365,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

7 PARKLAND DRIVE is a midsized extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £365,000 in February 2016, which was around 5% above the average February 2016 detached price in the Luton local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

7 PARKLAND DRIVE Sold Prices

Land registry data shows two sales for 7 PARKLAND DRIVE 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. One of the two 7 PARKLAND DRIVE sales was for above the average price, whilst the other was 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
2016 29 FEB	£365,000	£348,951	5% above HPI
2003 20 JUN	£190,000	£217,237	13% below HPI

7 PARKLAND 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 two 7 PARKLAND DRIVE sales from June 2003 and February 2016 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 June 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2016 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 7 PARKLAND DRIVE?

7 PARKLAND DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 50% 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 PARKLAND DRIVE lies on this distribution: 54% of detached houses are smaller than 7 PARKLAND DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Luton.

7 PARKLAND DRIVE: Plot and Title Map

7 PARKLAND DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 7 PARKLAND 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 7 PARKLAND 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 7 PARKLAND DRIVE?

7 PARKLAND DRIVE is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 7 on PARKLAND DRIVE.