16, DRAY GARDENS, LUTON, LU3 3FF - £415,000

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.

16 DRAY GARDENS is a very large semi-detached house of 113m², built in 2018, which could now be worth an estimated £491,506. It was last sold for £415,000 in October 2017, which was around 50% above the average October 2017 semi-detached price in the Luton local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

16 DRAY GARDENS Sold Prices

Land registry data shows one sale for 16 DRAY GARDENS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 13 OCT	£415,000	£276,987	50% above HPI

What might 16 DRAY GARDENS be worth now?

16 DRAY GARDENS might now be worth an estimated £491,506.

This is based on house price inflation of 18.4%, between October 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 18.4% inflationary increase is applied to the most recent sale price for 16 DRAY GARDENS of £415,000 on 13th October 2017. For the value to have increased from £415,000 to £491,506 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 16 DRAY GARDENS has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The October 2017 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 16 DRAY GARDENS has not materially changed since October 2017.

How Large is 16 DRAY GARDENS?

16 DRAY GARDENS is 113m² according to the EPC inspection conducted in September 2017. This puts it in the largest 20% of semi-detached houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Luton, and where 16 DRAY GARDENS lies on this distribution: 87% of semi-detached houses are smaller than 16 DRAY GARDENS, and 13% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

16 DRAY GARDENS: Plot

16 DRAY GARDENS sits on a plot of roughly 0.048 of an acre, or 194m².

Where is 16 DRAY GARDENS?

16 DRAY GARDENS is located in LUTON, in the LU3 postcode district.