1, LANCASTER AVENUE, LUTON, LU2 7AD - £476,000

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.

1 LANCASTER AVENUE is a very large extended semi-detached house of 148m², built sometime between 1930 and 1949, which could now be worth an estimated £490,789. It was last sold for £476,000 in April 2024, which was around 50% above the average April 2024 semi-detached price in the Luton local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

1 LANCASTER AVENUE Sold Prices

Land registry data shows two sales for 1 LANCASTER AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. One of the two 1 LANCASTER AVENUE sales was for above the average price, whilst the other was 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
2024 26 APR	£476,000	£318,165	50% above HPI
2013 24 MAY	£155,000	£167,017	7% below HPI

1 LANCASTER AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The two 1 LANCASTER AVENUE sales from May 2013 and April 2024 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 May 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2024 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 1 LANCASTER AVENUE be worth now?

1 LANCASTER AVENUE might now be worth an estimated £490,789.

This is based on house price inflation of 3.1%, between April 2024 and May 2026, for semi-detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% inflationary increase is applied to the most recent sale price for 1 LANCASTER AVENUE of £476,000 on 26th April 2024. For the value to have increased from £476,000 to £490,789 over the one year and eleven months to May 2026, the following assumptions must hold true:

• The value of 1 LANCASTER AVENUE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The April 2024 sale price of £476,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LANCASTER AVENUE has not materially changed since April 2024.

How Large is 1 LANCASTER AVENUE?

1 LANCASTER AVENUE is 148m², which includes two extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 20% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 1 LANCASTER AVENUE lies on this distribution: 83% of semi-detached houses houses are smaller than 1 LANCASTER AVENUE, and 16% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 LANCASTER AVENUE: Plot and Title Map

1 LANCASTER AVENUE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 1 LANCASTER AVENUE, 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 LANCASTER AVENUE). 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 LANCASTER AVENUE?

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