16, MARSOM GROVE, LUTON, LU3 4BH - £190,000

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 MARSOM GROVE is a very small terraced house of 38m², built sometime between 1983 and 1990, which could now be worth an estimated £195,974. It was last sold for £190,000 in May 2023, which was around 25% below the average May 2023 terraced price in the Luton local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was A.

16 MARSOM GROVE Sold Prices

Land registry data shows three sales for 16 MARSOM GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. All of the three 16 MARSOM GROVE 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
2023 5 MAY	£190,000	£252,796	25% below HPI
2013 22 JUN	£116,500	£138,988	16% below HPI
1996 30 AUG	£32,000	£38,144	16% below HPI

16 MARSOM GROVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Luton local authority area over time, sourced from the HPI. The three 16 MARSOM GROVE sales between August 1996 and May 2023 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 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 16 MARSOM GROVE be worth now?

16 MARSOM GROVE might now be worth an estimated £195,974.

This is based on house price inflation of 3.1%, between May 2023 and October 2025, for terraced 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 3.1% inflationary increase is applied to the most recent sale price for 16 MARSOM GROVE of £190,000 on 5th May 2023. For the value to have increased from £190,000 to £195,974 over the one year and seven months to October 2025, the following assumptions must hold true:

• The value of 16 MARSOM GROVE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The May 2023 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MARSOM GROVE has not materially changed since May 2023.

How Large is 16 MARSOM GROVE?

16 MARSOM GROVE is 38m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of terraced houses houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Luton, and where 16 MARSOM GROVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 16 MARSOM GROVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

16 MARSOM GROVE: Plot and Title Map

16 MARSOM GROVE sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 16 MARSOM GROVE, 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 16 MARSOM GROVE). 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 16 MARSOM GROVE?

16 MARSOM GROVE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 16 on MARSOM GROVE.