74, ELY WAY, LUTON, LU4 9QN - £190,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

74 ELY WAY is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £190,000 in December 2011, which was around 22% below the average December 2011 detached price in the Luton local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

74 ELY WAY Sold Prices

Land registry data shows two sales for 74 ELY WAY 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 74 ELY WAY 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
2011 9 DEC	£190,000	£245,058	22% below HPI
2007 19 JAN	£215,000	£246,956	13% below HPI

74 ELY 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 two 74 ELY WAY sales from January 2007 and December 2011 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 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2011 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 74 ELY WAY?

74 ELY WAY is 115m² according to the EPC inspection conducted in August 2023. 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 74 ELY WAY lies on this distribution: 58% of detached houses are smaller than 74 ELY WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Luton.

74 ELY WAY: Plot and Title Map

74 ELY WAY sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 74 ELY 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 74 ELY 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 74 ELY WAY?

74 ELY WAY is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 74 on ELY WAY.