7, THE BELFRY, LUTON, LU2 7GA - £421,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 THE BELFRY is a large extended detached house of 134m², built sometime between 1991 and 1995, which could now be worth an estimated £547,795. It was last sold for £421,500 in October 2016, which was around 12% below the average October 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

7 THE BELFRY Sold Prices

Land registry data shows two sales for 7 THE BELFRY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 7 THE BELFRY sales were 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 21 OCT	£421,500	£479,074	12% below HPI
1995 13 APR	£96,000	£100,130	4% below HPI

7 THE BELFRY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 7 THE BELFRY sales from April 1995 and October 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 April 1995 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 THE BELFRY be worth now?

7 THE BELFRY might now be worth an estimated £547,795.

This is based on house price inflation of 30%, between October 2016 and March 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30% inflationary increase is applied to the most recent sale price for 7 THE BELFRY of £421,500 on 21st October 2016. For the value to have increased from £421,500 to £547,795 over the nine years and seven months to March 2025, the following assumptions must hold true:

• The value of 7 THE BELFRY has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The October 2016 sale price of £421,500 represented a fair market value for the property.
• The size, condition, and specification of 7 THE BELFRY has not materially changed since October 2016.

How Large is 7 THE BELFRY?

7 THE BELFRY is 134m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% 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 7 THE BELFRY lies on this distribution: 76% of detached houses houses are smaller than 7 THE BELFRY, and 24% of houses are larger. Note that EPC data is not available for all properties in Luton.

7 THE BELFRY: Plot and Title Map

7 THE BELFRY sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 7 THE BELFRY, 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 THE BELFRY). 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 THE BELFRY?

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