9, POLEGATE, LUTON, LU2 8AJ - £300,000

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 POLEGATE is a small semi-detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £359,050. It was last sold for £300,000 in June 2017, which was around 12% above the average June 2017 semi-detached price in the Luton local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

9 POLEGATE Sold Prices

Land registry data shows two sales for 9 POLEGATE 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 POLEGATE 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
2017 30 JUN	£300,000	£268,953	12% above HPI
1997 13 NOV	£91,000	£55,409	64% above HPI

9 POLEGATE 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 POLEGATE sales from November 1997 and June 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 November 1997 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the June 2017 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 9 POLEGATE be worth now?

9 POLEGATE might now be worth an estimated £359,050.

This is based on house price inflation of 19.7%, between June 2017 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 19.7% inflationary increase is applied to the most recent sale price for 9 POLEGATE of £300,000 on 30th June 2017. For the value to have increased from £300,000 to £359,050 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 9 POLEGATE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The June 2017 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 9 POLEGATE has not materially changed since June 2017.

How Large is 9 POLEGATE?

9 POLEGATE is 93m² according to the EPC inspection conducted in August 2016. 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 9 POLEGATE lies on this distribution: 30% of semi-detached houses houses are smaller than 9 POLEGATE, and 69% of houses are larger. Note that EPC data is not available for all properties in Luton.

9 POLEGATE: Plot and Title Map

9 POLEGATE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 9 POLEGATE, 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 POLEGATE). 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 POLEGATE?

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