15, POLEGATE, LUTON, LU2 8AJ - £219,000

15 POLEGATE is a very small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £219,000 in January 2011, which was around 9% below the average January 2011 detached price in the Luton local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

15 POLEGATE Sold Prices

Land registry data shows four sales for 15 POLEGATE 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. All of the four 15 POLEGATE 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
2011 28 JAN	£219,000	£239,879	9% below HPI
2010 12 NOV	£219,000	£243,827	10% below HPI
2002 21 OCT	£160,000	£192,010	17% below HPI
1997 29 DEC	£77,000	£87,400	12% below HPI

15 POLEGATE 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 15 POLEGATE sales between December 1997 and January 2011 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 November 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2011 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 15 POLEGATE?

15 POLEGATE is 81m², which includes one extension, according to the EPC inspection conducted in September 2010. 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 15 POLEGATE lies on this distribution: 15% of detached houses are smaller than 15 POLEGATE, and 85% of houses are larger. Note that EPC data is not available for all properties in Luton.

15 POLEGATE: Plot and Title Map

15 POLEGATE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 15 POLEGATE, 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 POLEGATE). 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 POLEGATE?

15 POLEGATE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 15 on POLEGATE.