1, BALMORE WOOD, LUTON, LU3 4EP - £280,000

1 BALMORE WOOD is a very small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £280,000 in December 2019, which was around 29% below the average December 2019 detached price in the Luton local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

1 BALMORE WOOD Sold Prices

Land registry data shows five sales for 1 BALMORE WOOD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the five 1 BALMORE WOOD sales were for below 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
2019 6 DEC	£280,000	£393,779	29% below HPI
2015 14 DEC	£270,000	£338,808	20% below HPI
2010 16 AUG	£206,500	£244,885	16% below HPI
2002 26 APR	£148,000	£158,636	7% below HPI
1999 21 JUN	£88,000	£99,361	11% below HPI

1 BALMORE WOOD 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 five 1 BALMORE WOOD sales between June 1999 and December 2019 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 December 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 BALMORE WOOD?

1 BALMORE WOOD is 85m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 1 BALMORE WOOD lies on this distribution: 19% of detached houses are smaller than 1 BALMORE WOOD, and 81% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 BALMORE WOOD: Plot and Title Map

1 BALMORE WOOD sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 1 BALMORE WOOD, 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 1 BALMORE WOOD). 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 1 BALMORE WOOD?

1 BALMORE WOOD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 1 on BALMORE WOOD.