188, CHESFORD ROAD, LUTON, LU2 8DS - £225,000

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.

188 CHESFORD ROAD is a very small extended semi-detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £334,104. It was last sold for £225,000 in October 2015, which was around 2% above the average October 2015 semi-detached price in the Luton local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

188 CHESFORD ROAD Sold Prices

Land registry data shows two sales for 188 CHESFORD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Both of the two 188 CHESFORD ROAD sales were for above 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
2015 26 OCT	£225,000	£220,923	2% above HPI
1996 31 MAY	£49,500	£46,028	8% above HPI

188 CHESFORD 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 two 188 CHESFORD ROAD sales from May 1996 and October 2015 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 1996 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2015 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 188 CHESFORD ROAD be worth now?

188 CHESFORD ROAD might now be worth an estimated £334,104.

This is based on house price inflation of 48.5%, between October 2015 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 48.5% inflationary increase is applied to the most recent sale price for 188 CHESFORD ROAD of £225,000 on 26th October 2015. For the value to have increased from £225,000 to £334,104 over the eleven years and five months to May 2026, the following assumptions must hold true:

• The value of 188 CHESFORD ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The October 2015 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 188 CHESFORD ROAD has not materially changed since October 2015.

How Large is 188 CHESFORD ROAD?

188 CHESFORD ROAD is 84m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% 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 188 CHESFORD ROAD lies on this distribution: 18% of semi-detached houses houses are smaller than 188 CHESFORD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Luton.

188 CHESFORD ROAD: Plot and Title Map

188 CHESFORD ROAD sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 188 CHESFORD 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 188 CHESFORD 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 188 CHESFORD ROAD?

188 CHESFORD ROAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 188 on CHESFORD ROAD.