Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
85 ELMWOOD CRESCENT is a small extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £260,000 in December 2017, which was around 36% below the average December 2017 detached price in the Luton local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 85 ELMWOOD CRESCENT since 1st 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 85 ELMWOOD CRESCENT 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 |
---|---|---|---|
2017 13 DEC | £260,000 | £405,960 | 36% below HPI |
2001 28 MAR | £122,995 | £136,152 | 10% below HPI |
The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The two 85 ELMWOOD CRESCENT sales from March 2001 and December 2017 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 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2017 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
85 ELMWOOD CRESCENT is 94m², which includes one extension, according to the EPC inspection conducted in November 2017. 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 85 ELMWOOD CRESCENT lies on this distribution: 31% of detached houses are smaller than 85 ELMWOOD CRESCENT, and 68% of houses are larger. Note that EPC data is not available for all properties in Luton.
85 ELMWOOD CRESCENT sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 85 ELMWOOD CRESCENT, 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 85 ELMWOOD CRESCENT). 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.
85 ELMWOOD CRESCENT is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 85 on ELMWOOD CRESCENT.