1, WIGMORE LANE, LUTON, LU2 8AA - £297,000

1 WIGMORE LANE is a very small extended detached house of 82m², built sometime between 1930 and 1949. It was last sold for £297,000 in September 2019, which was around 25% below the average September 2019 detached price in the Luton local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

1 WIGMORE LANE Sold Prices

Land registry data shows two sales for 1 WIGMORE LANE 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. Both of the two 1 WIGMORE LANE 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 13 SEP	£297,000	£394,025	25% below HPI
1997 7 FEB	£73,000	£75,884	4% below HPI

1 WIGMORE LANE 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 WIGMORE LANE sales from February 1997 and September 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 February 1997 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 WIGMORE LANE?

1 WIGMORE LANE is 82m², which includes one extension, according to the EPC inspection conducted in March 2019. 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 WIGMORE LANE lies on this distribution: 16% of detached houses are smaller than 1 WIGMORE LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 WIGMORE LANE: Plot and Title Map

1 WIGMORE LANE sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 1 WIGMORE LANE, 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 WIGMORE LANE). 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 WIGMORE LANE?

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