12, RACKHAM DRIVE, LUTON, LU3 2AF - £370,000

12 RACKHAM DRIVE is a midsized detached house of 106m², built sometime between 1983 and 1990. It was last sold for £370,000 in October 2017, which was around 10% below the average October 2017 detached price in the Luton local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

12 RACKHAM DRIVE Sold Prices

Land registry data shows two sales for 12 RACKHAM DRIVE 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 12 RACKHAM DRIVE sales was for below the average price, whilst the other was for above 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
2017 20 OCT	£370,000	£410,215	10% below HPI
1997 23 DEC	£128,950	£87,400	48% above HPI

12 RACKHAM DRIVE 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 12 RACKHAM DRIVE sales from December 1997 and October 2017 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 1997 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 12 RACKHAM DRIVE?

12 RACKHAM DRIVE is 106m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 12 RACKHAM DRIVE lies on this distribution: 47% of detached houses are smaller than 12 RACKHAM DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Luton.

12 RACKHAM DRIVE: Plot and Title Map

12 RACKHAM DRIVE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 12 RACKHAM DRIVE, 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 12 RACKHAM DRIVE). 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 12 RACKHAM DRIVE?

12 RACKHAM DRIVE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 12 on RACKHAM DRIVE.