15, PARKLAND DRIVE, LUTON, LU1 3SU - £385,000

15 PARKLAND DRIVE is a small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £385,000 in February 2017, which was about the average February 2017 detached price in the Luton local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

15 PARKLAND DRIVE Sold Prices

Land registry data shows two sales for 15 PARKLAND 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 15 PARKLAND DRIVE sales was roughly equal to the average price, whilst the other was 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
2017 27 FEB	£385,000	£383,851	Close to HPI
2011 20 MAY	£230,000	£235,649	2% below HPI

15 PARKLAND 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 15 PARKLAND DRIVE sales from May 2011 and February 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 May 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 15 PARKLAND DRIVE?

15 PARKLAND DRIVE is 94m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 15 PARKLAND DRIVE lies on this distribution: 31% of detached houses are smaller than 15 PARKLAND DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Luton.

15 PARKLAND DRIVE: Plot and Title Map

15 PARKLAND DRIVE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 15 PARKLAND 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 15 PARKLAND 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 15 PARKLAND DRIVE?

15 PARKLAND DRIVE is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 15 on PARKLAND DRIVE.