151, ROMAN ROAD, LUTON, LU4 9DL - £180,000

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.

151 ROMAN ROAD is a very small semi-detached house of 49m², built sometime between 1950 and 1966, which could now be worth an estimated £221,470. It was last sold for £180,000 in May 2017, which was around 32% below the average May 2017 semi-detached price in the Luton local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

151 ROMAN ROAD Sold Prices

Land registry data shows three sales for 151 ROMAN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. All of the three 151 ROMAN ROAD 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
2017 26 MAY	£180,000	£266,623	32% below HPI
2000 19 MAY	£49,995	£78,307	36% below HPI
1995 16 MAR	£22,000	£48,360	55% below HPI

151 ROMAN ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The three 151 ROMAN ROAD sales between March 1995 and May 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 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2017 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 151 ROMAN ROAD be worth now?

151 ROMAN ROAD might now be worth an estimated £221,470.

This is based on house price inflation of 23%, between May 2017 and May 2026, for semi-detached 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 23% inflationary increase is applied to the most recent sale price for 151 ROMAN ROAD of £180,000 on 26th May 2017. For the value to have increased from £180,000 to £221,470 over the nine years to May 2026, the following assumptions must hold true:

• The value of 151 ROMAN ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The May 2017 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 151 ROMAN ROAD has not materially changed since May 2017.

How Large is 151 ROMAN ROAD?

151 ROMAN ROAD is 49m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 151 ROMAN ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 151 ROMAN ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

151 ROMAN ROAD: Plot and Title Map

151 ROMAN ROAD sits on a plot of roughly 1.1 acres, or 4,348m². The below map shows the location of 151 ROMAN ROAD, 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 151 ROMAN ROAD). 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 151 ROMAN ROAD?

151 ROMAN ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 151 on ROMAN ROAD.