8, CRESSWELL GARDENS, LUTON, LU3 4EX - £290,000

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.

8 CRESSWELL GARDENS is a small semi-detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £348,315. It was last sold for £290,000 in November 2019, which was around 8% above the average November 2019 semi-detached price in the Luton local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

8 CRESSWELL GARDENS Sold Prices

Land registry data shows four sales for 8 CRESSWELL GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. All of the four 8 CRESSWELL GARDENS sales were for above 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
2019 29 NOV	£290,000	£268,001	8% above HPI
2014 28 FEB	£230,000	£174,901	32% above HPI
2003 16 JAN	£174,000	£130,965	33% above HPI
1999 26 AUG	£94,000	£65,519	43% above HPI

8 CRESSWELL GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The four 8 CRESSWELL GARDENS sales between August 1999 and November 2019 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 2014 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 8 CRESSWELL GARDENS be worth now?

8 CRESSWELL GARDENS might now be worth an estimated £348,315.

This is based on house price inflation of 20.1%, between November 2019 and February 2025, for semi-detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.1% inflationary increase is applied to the most recent sale price for 8 CRESSWELL GARDENS of £290,000 on 29th November 2019. For the value to have increased from £290,000 to £348,315 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 CRESSWELL GARDENS has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The November 2019 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CRESSWELL GARDENS has not materially changed since November 2019.

How Large is 8 CRESSWELL GARDENS?

8 CRESSWELL GARDENS is 89m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 8 CRESSWELL GARDENS lies on this distribution: 25% of semi-detached houses houses are smaller than 8 CRESSWELL GARDENS, and 74% of houses are larger. Note that EPC data is not available for all properties in Luton.

8 CRESSWELL GARDENS: Plot and Title Map

8 CRESSWELL GARDENS sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 8 CRESSWELL GARDENS, 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 8 CRESSWELL GARDENS). 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 8 CRESSWELL GARDENS?

8 CRESSWELL GARDENS is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 8 on CRESSWELL GARDENS.