116, RODEHEATH, LUTON, LU4 9XA - £245,000

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.

116 RODEHEATH is a very small terraced house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £254,065. It was last sold for £245,000 in April 2023, which was around 4% below the average April 2023 terraced price in the Luton local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

116 RODEHEATH Sold Prices

Land registry data shows four sales for 116 RODEHEATH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. Most of the four 116 RODEHEATH 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
2023 19 APR	£245,000	£256,054	4% below HPI
2015 29 SEP	£165,000	£178,733	8% below HPI
2002 28 JUN	£81,400	£83,481	2% below HPI
1996 25 OCT	£42,500	£38,613	10% above HPI

116 RODEHEATH Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Luton local authority area over time, sourced from the HPI. The four 116 RODEHEATH sales between October 1996 and April 2023 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 September 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 116 RODEHEATH be worth now?

116 RODEHEATH might now be worth an estimated £254,065.

This is based on house price inflation of 3.7%, between April 2023 and July 2026, for terraced 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 3.7% inflationary increase is applied to the most recent sale price for 116 RODEHEATH of £245,000 on 19th April 2023. For the value to have increased from £245,000 to £254,065 over the two years and nine months to July 2026, the following assumptions must hold true:

• The value of 116 RODEHEATH has moved in line with the HPI for terraced houses in the Luton local authority area.
• The April 2023 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 116 RODEHEATH has not materially changed since April 2023.

How Large is 116 RODEHEATH?

116 RODEHEATH is 56m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of terraced houses houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Luton, and where 116 RODEHEATH lies on this distribution: 1% of terraced houses houses are smaller than 116 RODEHEATH, and 98% of houses are larger. Note that EPC data is not available for all properties in Luton.

116 RODEHEATH: Plot and Title Map

116 RODEHEATH sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 116 RODEHEATH, 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 116 RODEHEATH). 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 116 RODEHEATH?

116 RODEHEATH is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 116 on RODEHEATH.