THE THATCHED COTTAGE, BUTTERFIELD GREEN ROAD, LUTON, LU2 8DD - £700,000

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

THE THATCHED COTTAGE is a very large extended detached house of 171m², built sometime before 1900. It was last sold for £700,000 in March 2021, which was around 73% above the average March 2021 detached price in the Luton local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

THE THATCHED COTTAGE Sold Prices

Land registry data shows two sales for THE THATCHED COTTAGE 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 THE THATCHED COTTAGE 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
2021 19 MAR	£700,000	£404,570	73% above HPI
2015 20 AUG	£565,000	£316,808	78% above HPI

THE THATCHED COTTAGE 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 THE THATCHED COTTAGE sales from August 2015 and March 2021 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 2015 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the March 2021 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is THE THATCHED COTTAGE?

THE THATCHED COTTAGE is 171m², which includes three extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where THE THATCHED COTTAGE lies on this distribution: 91% of detached houses are smaller than THE THATCHED COTTAGE, and 9% of houses are larger. Note that EPC data is not available for all properties in Luton.

THE THATCHED COTTAGE: Plot and Title Map

THE THATCHED COTTAGE sits on a plot of roughly 0.287 of an acre, or 1,162m². The below map shows the location of THE THATCHED COTTAGE, 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 THE THATCHED COTTAGE). 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 THE THATCHED COTTAGE?

THE THATCHED COTTAGE is located on BUTTERFIELD GREEN ROAD in LUTON, in the LU2 postcode district. The below map shows the position of THE THATCHED COTTAGE on BUTTERFIELD GREEN ROAD.