8, SHELTON WAY, LUTON, LU2 9AP - £365,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 SHELTON WAY is a midsized extended semi-detached house of 112m², built sometime between 1950 and 1966. It was last sold for £365,000 in February 2024, which was around 17% above the average February 2024 semi-detached price in the Luton local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

8 SHELTON WAY Sold Prices

Land registry data shows two sales for 8 SHELTON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Both of the two 8 SHELTON WAY 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
2024 2 FEB	£365,000	£312,983	17% above HPI
2000 24 MAR	£110,000	£74,409	48% above HPI

8 SHELTON WAY 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 two 8 SHELTON WAY sales from March 2000 and February 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 March 2000 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the February 2024 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 8 SHELTON WAY be worth now?

8 SHELTON WAY might now be worth an estimated £380,285.

This is based on house price inflation of 4.2%, between February 2024 and December 2024, 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 4.2% inflationary increase is applied to the most recent sale price for 8 SHELTON WAY of £365,000 on 2nd February 2024. For the value to have increased from £365,000 to £380,285 over the two months to December 2024, the following assumptions must hold true:

• The value of 8 SHELTON WAY has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The February 2024 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHELTON WAY has not materially changed since February 2024.

How Large is 8 SHELTON WAY?

8 SHELTON WAY is 112m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 50% 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 SHELTON WAY lies on this distribution: 54% of semi-detached houses houses are smaller than 8 SHELTON WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Luton.

8 SHELTON WAY: Plot and Title Map

8 SHELTON WAY sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 8 SHELTON 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 8 SHELTON 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 8 SHELTON WAY?

8 SHELTON WAY is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 8 on SHELTON WAY.