9, CANNON LANE, LUTON, LU2 8BJ - £360,000

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

9 CANNON LANE is a midsized semi-detached house of 109m², built sometime between 1930 and 1949, which could now be worth an estimated £459,169. It was last sold for £360,000 in September 2016, which was around 41% above the average September 2016 semi-detached price in the Luton local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

9 CANNON LANE Sold Prices

Land registry data shows two sales for 9 CANNON LANE 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 9 CANNON LANE 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
2016 30 SEP	£360,000	£255,663	41% above HPI
2003 14 JUL	£158,000	£142,324	11% above HPI

9 CANNON LANE 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 9 CANNON LANE sales from July 2003 and September 2016 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 2003 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2016 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 9 CANNON LANE be worth now?

9 CANNON LANE might now be worth an estimated £459,169.

This is based on house price inflation of 27.5%, between September 2016 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 27.5% inflationary increase is applied to the most recent sale price for 9 CANNON LANE of £360,000 on 30th September 2016. For the value to have increased from £360,000 to £459,169 over the seven years and nine months to December 2024, the following assumptions must hold true:

• The value of 9 CANNON LANE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The September 2016 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CANNON LANE has not materially changed since September 2016.

How Large is 9 CANNON LANE?

9 CANNON LANE is 109m² according to the EPC inspection conducted in March 2015. 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 9 CANNON LANE lies on this distribution: 51% of semi-detached houses houses are smaller than 9 CANNON LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Luton.

9 CANNON LANE: Plot and Title Map

9 CANNON LANE sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of 9 CANNON LANE, 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 9 CANNON LANE). 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 9 CANNON LANE?

9 CANNON LANE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 9 on CANNON LANE.