1, MARKHAM ROAD, LUTON, LU3 2BS - £419,950

1 MARKHAM ROAD is a very large extended detached house of 195m², built sometime between 1900 and 1929. It was last sold for £419,950 in February 2016, which was around 20% above the average February 2016 detached price in the Luton local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

1 MARKHAM ROAD Sold Prices

Land registry data shows two sales for 1 MARKHAM ROAD 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. One of the two 1 MARKHAM ROAD 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
2016 26 FEB	£419,950	£348,951	20% above HPI
1999 12 APR	£60,000	£99,117	39% below HPI

1 MARKHAM ROAD 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 1 MARKHAM ROAD sales from April 1999 and February 2016 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 April 1999 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2016 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 1 MARKHAM ROAD?

1 MARKHAM ROAD is 195m², which includes two extensions, according to the EPC inspection conducted in June 2015. 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 1 MARKHAM ROAD lies on this distribution: 95% of detached houses are smaller than 1 MARKHAM ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 MARKHAM ROAD: Plot and Title Map

1 MARKHAM ROAD sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of 1 MARKHAM ROAD, 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 MARKHAM ROAD). 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 MARKHAM ROAD?

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