88, CLAREMONT ROAD, LUTON, LU4 8LZ - £283,000

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

88 CLAREMONT ROAD is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £283,000 in August 2022, which was around 40% below the average August 2022 detached price in the Luton local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

88 CLAREMONT ROAD Sold Prices

Land registry data shows two sales for 88 CLAREMONT ROAD 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 88 CLAREMONT ROAD 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
2022 16 AUG	£283,000	£472,518	40% below HPI
2001 21 SEP	£105,000	£149,115	30% below HPI

88 CLAREMONT ROAD 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 88 CLAREMONT ROAD sales from September 2001 and August 2022 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 September 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 88 CLAREMONT ROAD?

88 CLAREMONT ROAD is 83m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 88 CLAREMONT ROAD lies on this distribution: 17% of detached houses are smaller than 88 CLAREMONT ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Luton.

88 CLAREMONT ROAD: Plot and Title Map

88 CLAREMONT ROAD sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 88 CLAREMONT ROAD, 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 88 CLAREMONT ROAD). 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 88 CLAREMONT ROAD?

88 CLAREMONT ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 88 on CLAREMONT ROAD.