11, GRASMERE ROAD, LUTON, LU3 2DT - £390,000

11 GRASMERE ROAD is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £390,000 in July 2018, which was around 3% below the average July 2018 detached price in the Luton local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

11 GRASMERE ROAD Sold Prices

Land registry data shows two sales for 11 GRASMERE 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. Both of the two 11 GRASMERE ROAD 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
2018 20 JUL	£390,000	£402,380	3% below HPI
2016 8 DEC	£324,000	£381,661	15% below HPI

11 GRASMERE 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 11 GRASMERE ROAD sales from December 2016 and July 2018 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 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2018 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 11 GRASMERE ROAD?

11 GRASMERE ROAD is 79m² according to the EPC inspection conducted in May 2016. 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 11 GRASMERE ROAD lies on this distribution: 13% of detached houses are smaller than 11 GRASMERE ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Luton.

11 GRASMERE ROAD: Plot and Title Map

11 GRASMERE ROAD sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of 11 GRASMERE 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 11 GRASMERE 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 11 GRASMERE ROAD?

11 GRASMERE ROAD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 11 on GRASMERE ROAD.