ELM LODGE, LUTON ROAD, CHALTON, LUTON, LU4 9UG - £626,250

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

ELM LODGE is a very large extended detached house of 290m², built sometime between 2003 and 2006. It was last sold for £626,250 in July 2010, which was around 97% above the average July 2010 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

ELM LODGE Sold Prices

Land registry data shows two sales for ELM LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two ELM LODGE 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
2010 9 JUL	£626,250	£318,418	97% above HPI
2008 14 AUG	£450,000	£328,942	37% above HPI

ELM LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two ELM LODGE sales from August 2008 and July 2010 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 August 2008 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the July 2010 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is ELM LODGE?

ELM LODGE is 290m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 10% of detached houses in Chalton, based on EPC data. The below chart shows the distribution of detached houses by size in Chalton, and where ELM LODGE lies on this distribution: 97% of detached houses are smaller than ELM LODGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Chalton.

ELM LODGE: Plot and Title Map

ELM LODGE sits on a plot of roughly 0.198 of an acre, or 800m². The below map shows the location of ELM LODGE, 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 ELM LODGE). 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 ELM LODGE?

ELM LODGE is located on LUTON ROAD in CHALTON, in the LU4 postcode district. The below map shows the position of ELM LODGE on LUTON ROAD.