2, LANCASTER AVENUE, LUTON, LU2 7AD - £505,000

2 LANCASTER AVENUE is a midsized extended detached house of 111m², built sometime between 1930 and 1949. It was last sold for £505,000 in September 2021, which was around 18% above the average September 2021 detached price in the Luton local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was D.

2 LANCASTER AVENUE Sold Prices

Land registry data shows two sales for 2 LANCASTER AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 2 LANCASTER AVENUE 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
2021 1 SEP	£505,000	£426,663	18% above HPI
2017 1 DEC	£410,000	£405,960	1% above HPI

2 LANCASTER AVENUE 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 two 2 LANCASTER AVENUE sales from December 2017 and September 2021 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 December 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 2 LANCASTER AVENUE?

2 LANCASTER AVENUE is 111m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 2 LANCASTER AVENUE lies on this distribution: 53% of detached houses are smaller than 2 LANCASTER AVENUE, and 46% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 LANCASTER AVENUE: Plot and Title Map

2 LANCASTER AVENUE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 2 LANCASTER AVENUE, 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 2 LANCASTER AVENUE). 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 2 LANCASTER AVENUE?

2 LANCASTER AVENUE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 2 on LANCASTER AVENUE.