79, PENNINE AVENUE, LUTON, LU3 3EJ - £325,000

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

79 PENNINE AVENUE is a midsized extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £325,000 in April 2024, which was around 30% below the average April 2024 detached price in the Luton local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

79 PENNINE AVENUE Sold Prices

Land registry data shows two sales for 79 PENNINE AVENUE 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 79 PENNINE AVENUE 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
2024 12 APR	£325,000	£466,905	30% below HPI
2009 17 JUL	£185,000	£220,173	16% below HPI

79 PENNINE AVENUE 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 79 PENNINE AVENUE sales from July 2009 and April 2024 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 July 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 79 PENNINE AVENUE?

79 PENNINE AVENUE is 108m², which includes one extension, according to the EPC inspection conducted in April 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 79 PENNINE AVENUE lies on this distribution: 50% of detached houses are smaller than 79 PENNINE AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Luton.

79 PENNINE AVENUE: Plot and Title Map

79 PENNINE AVENUE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 79 PENNINE AVENUE, 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 79 PENNINE AVENUE). 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 79 PENNINE AVENUE?

79 PENNINE AVENUE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 79 on PENNINE AVENUE.