72, CRANBROOK DRIVE, LUTON, LU3 3EW - £254,000

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

72 CRANBROOK DRIVE is a very small semi-detached house of 84m², built sometime between 1950 and 1966. It was last sold for £254,000 in September 2016, which was around 33% below the average September 2016 detached price in the Luton local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

72 CRANBROOK DRIVE Sold Prices

Land registry data shows two sales for 72 CRANBROOK 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. Both of the two 72 CRANBROOK DRIVE 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 5 SEP	£254,000	£378,577	33% below HPI
2004 7 SEP	£155,000	£235,388	34% below HPI

72 CRANBROOK 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 72 CRANBROOK DRIVE sales from September 2004 and September 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 September 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2016 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 72 CRANBROOK DRIVE?

72 CRANBROOK DRIVE is 84m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 72 CRANBROOK DRIVE lies on this distribution: 18% of detached houses are smaller than 72 CRANBROOK DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Luton.

72 CRANBROOK DRIVE: Plot and Title Map

72 CRANBROOK DRIVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 72 CRANBROOK 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 72 CRANBROOK 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 72 CRANBROOK DRIVE?

72 CRANBROOK DRIVE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 72 on CRANBROOK DRIVE.