20, ERESWELL ROAD, LUTON, LU3 2UH - £241,000

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.

20 ERESWELL ROAD is a very small extended semi-detached house of 61m², built sometime between 1976 and 1982, which could now be worth an estimated £296,842. It was last sold for £241,000 in July 2019, which was around 10% below the average July 2019 semi-detached price in the Luton local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

20 ERESWELL ROAD Sold Prices

Land registry data shows two sales for 20 ERESWELL 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 20 ERESWELL ROAD 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
2019 5 JUL	£241,000	£266,416	10% below HPI
2002 11 JUN	£95,000	£106,326	11% below HPI

20 ERESWELL 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 20 ERESWELL ROAD sales from June 2002 and July 2019 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 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 20 ERESWELL ROAD be worth now?

20 ERESWELL ROAD might now be worth an estimated £296,842.

This is based on house price inflation of 23.2%, between July 2019 and April 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 23.2% inflationary increase is applied to the most recent sale price for 20 ERESWELL ROAD of £241,000 on 5th July 2019. For the value to have increased from £241,000 to £296,842 over the seven years and three months to April 2026, the following assumptions must hold true:

• The value of 20 ERESWELL ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The July 2019 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 20 ERESWELL ROAD has not materially changed since July 2019.

How Large is 20 ERESWELL ROAD?

20 ERESWELL ROAD is 61m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% 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 20 ERESWELL ROAD lies on this distribution: 3% of semi-detached houses houses are smaller than 20 ERESWELL ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Luton.

20 ERESWELL ROAD: Plot and Title Map

20 ERESWELL ROAD sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 20 ERESWELL 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 20 ERESWELL 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 20 ERESWELL ROAD?

20 ERESWELL ROAD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 20 on ERESWELL ROAD.