2, ORCHARD WAY, LUTON, LU4 9LT - £340,000

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.

2 ORCHARD WAY is a very large extended semi-detached house of 107m², built sometime between 1900 and 1929, which could now be worth an estimated £434,013. It was last sold for £340,000 in February 2017, which was around 32% above the average February 2017 semi-detached price in the Luton local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

2 ORCHARD WAY Sold Prices

Land registry data shows one sale for 2 ORCHARD WAY 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 10 FEB	£340,000	£256,990	32% above HPI

What might 2 ORCHARD WAY be worth now?

2 ORCHARD WAY might now be worth an estimated £434,013.

This is based on house price inflation of 27.7%, between February 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 27.7% inflationary increase is applied to the most recent sale price for 2 ORCHARD WAY of £340,000 on 10th February 2017. For the value to have increased from £340,000 to £434,013 over the eight years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 ORCHARD WAY has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The February 2017 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORCHARD WAY has not materially changed since February 2017.

How Large is 2 ORCHARD WAY?

2 ORCHARD WAY is 107m², which includes one extension, according to the EPC inspection conducted in June 2016. 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 2 ORCHARD WAY lies on this distribution: 83% of semi-detached houses are smaller than 2 ORCHARD WAY, and 17% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

2 ORCHARD WAY: Plot

2 ORCHARD WAY sits on a plot of roughly 0.102 of an acre, or 411m².

Where is 2 ORCHARD WAY?

2 ORCHARD WAY is located in LUTON, in the LU4 postcode district.