75, MARSOM GROVE, LUTON, LU3 4BQ - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

75 MARSOM GROVE is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £400,000 in October 2023, which was around 15% below the average October 2023 detached price in the Luton local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

75 MARSOM GROVE Sold Prices

Land registry data shows four sales for 75 MARSOM GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Most of the four 75 MARSOM GROVE 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
2023 27 OCT	£400,000	£470,837	15% below HPI
2008 8 FEB	£248,500	£268,406	7% below HPI
1999 30 JUL	£110,000	£101,145	9% above HPI
1996 30 JAN	£66,500	£73,379	9% below HPI

75 MARSOM GROVE 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 four 75 MARSOM GROVE sales between January 1996 and October 2023 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 February 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 75 MARSOM GROVE?

75 MARSOM GROVE is 98m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 75 MARSOM GROVE lies on this distribution: 36% of detached houses are smaller than 75 MARSOM GROVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Luton.

75 MARSOM GROVE: Plot and Title Map

75 MARSOM GROVE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 75 MARSOM GROVE, 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 75 MARSOM GROVE). 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 75 MARSOM GROVE?

75 MARSOM GROVE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 75 on MARSOM GROVE.