1, CHALFONT WAY, LUTON, LU2 9RG - £400,000

1 CHALFONT WAY is a small extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £400,000 in January 2022, which was around 13% below the average January 2022 detached price in the Luton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

1 CHALFONT WAY Sold Prices

Land registry data shows four sales for 1 CHALFONT WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Most of the four 1 CHALFONT WAY 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
2022 14 JAN	£400,000	£458,736	13% below HPI
2010 3 JUN	£238,000	£243,641	2% below HPI
2005 14 DEC	£247,000	£231,254	7% above HPI
2001 10 SEP	£148,000	£149,115	1% below HPI

1 CHALFONT WAY 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 four 1 CHALFONT WAY sales between September 2001 and January 2022 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 June 2010 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 CHALFONT WAY?

1 CHALFONT WAY is 100m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% 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 CHALFONT WAY lies on this distribution: 39% of detached houses are smaller than 1 CHALFONT WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 CHALFONT WAY: Plot and Title Map

1 CHALFONT WAY sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 1 CHALFONT WAY, 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 CHALFONT WAY). 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 CHALFONT WAY?

1 CHALFONT WAY is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 1 on CHALFONT WAY.