7, PERRYMEAD, LUTON, LU2 8UF - £59,995

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

7 PERRYMEAD is a very small extended semi-detached house of 52m², built sometime between 1991 and 1995. It was last sold for £59,995 in April 1999, which was around 5% below the average April 1999 semi-detached price in the Luton local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

7 PERRYMEAD Sold Prices

Land registry data shows two sales for 7 PERRYMEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. One of the two 7 PERRYMEAD sales was for below the average price, whilst the other 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
1999 30 APR	£59,995	£63,353	5% below HPI
1996 29 NOV	£50,995	£48,189	6% above HPI

7 PERRYMEAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The two 7 PERRYMEAD sales from November 1996 and April 1999 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 November 1996 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 1999 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 7 PERRYMEAD be worth now?

7 PERRYMEAD might now be worth an estimated £308,806.

This is based on house price inflation of 414.7%, between April 1999 and December 2024, for semi-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 414.7% inflationary increase is applied to the most recent sale price for 7 PERRYMEAD of £59,995 on 30th April 1999. For the value to have increased from £59,995 to £308,806 over the 24 years and four months to December 2024, the following assumptions must hold true:

• The value of 7 PERRYMEAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The April 1999 sale price of £59,995 represented a fair market value for the property.
• The size, condition, and specification of 7 PERRYMEAD has not materially changed since April 1999.

How Large is 7 PERRYMEAD?

7 PERRYMEAD is 52m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 7 PERRYMEAD lies on this distribution: 1% of semi-detached houses houses are smaller than 7 PERRYMEAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

7 PERRYMEAD: Plot and Title Map

7 PERRYMEAD sits on a plot of roughly 0.019 of an acre, or 77m². The below map shows the location of 7 PERRYMEAD, 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 PERRYMEAD). 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 PERRYMEAD?

7 PERRYMEAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 7 on PERRYMEAD.