14, CROMER WAY, LUTON, LU2 7EE - £345,000

14 CROMER WAY is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £345,000 in August 2021, which was around 19% below the average August 2021 detached price in the Luton local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

14 CROMER WAY Sold Prices

Land registry data shows four sales for 14 CROMER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. two of the four 14 CROMER WAY sales were for below the average price, and four were 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
2021 20 AUG	£345,000	£424,191	19% below HPI
2019 27 JUN	£303,000	£393,575	23% below HPI
1997 20 AUG	£91,500	£84,361	8% above HPI
1996 15 MAR	£75,000	£72,012	4% above HPI

14 CROMER WAY 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 four 14 CROMER WAY sales between March 1996 and August 2021 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 June 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 14 CROMER WAY?

14 CROMER WAY is 75m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 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 14 CROMER WAY lies on this distribution: 9% of detached houses are smaller than 14 CROMER WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Luton.

14 CROMER WAY: Plot and Title Map

14 CROMER WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 14 CROMER WAY, 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 14 CROMER WAY). 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 14 CROMER WAY?

14 CROMER WAY is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 14 on CROMER WAY.