TOWER HOUSE, THE GREEN, CADDINGTON, LUTON, LU1 4HF - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TOWER HOUSE is a very large extended detached house of 151m², built sometime between 1930 and 1949, which could now be worth an estimated £835,747. It was last sold for £315,000 in July 2002, which was around 34% above the average July 2002 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

TOWER HOUSE Sold Prices

Land registry data shows three sales for TOWER HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three TOWER HOUSE 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
2002 25 JUL	£315,000	£235,029	34% above HPI
2000 25 AUG	£187,500	£183,602	2% above HPI
1996 16 FEB	£128,000	£100,389	28% above HPI

TOWER HOUSE 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 three TOWER HOUSE sales between February 1996 and July 2002 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 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2002 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might TOWER HOUSE be worth now?

TOWER HOUSE might now be worth an estimated £835,747.

This is based on house price inflation of 165.3%, between July 2002 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 165.3% inflationary increase is applied to the most recent sale price for TOWER HOUSE of £315,000 on 25th July 2002. For the value to have increased from £315,000 to £835,747 over the 23 years and five months to February 2025, the following assumptions must hold true:

• The value of TOWER HOUSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The July 2002 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of TOWER HOUSE has not materially changed since July 2002.

How Large is TOWER HOUSE?

TOWER HOUSE is 151m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 20% of detached houses houses in Caddington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caddington, and where TOWER HOUSE lies on this distribution: 81% of detached houses houses are smaller than TOWER HOUSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Caddington.

TOWER HOUSE: Plot and Title Map

TOWER HOUSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of TOWER HOUSE, 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 TOWER HOUSE). 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 TOWER HOUSE?

TOWER HOUSE is located on THE GREEN in CADDINGTON, in the LU1 postcode district. The below map shows the position of TOWER HOUSE on THE GREEN.