22, MOUNTGRACE ROAD, LUTON, LU2 8EP - £243,000

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.

22 MOUNTGRACE ROAD is a midsized extended semi-detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £485,762. It was last sold for £243,000 in October 2010, which was around 48% above the average October 2010 semi-detached price in the Luton local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was C.

22 MOUNTGRACE ROAD Sold Prices

Land registry data shows five sales for 22 MOUNTGRACE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. All of the five 22 MOUNTGRACE 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
2010 29 OCT	£243,000	£164,154	48% above HPI
2006 31 MAR	£222,500	£158,220	41% above HPI
2004 23 JAN	£218,000	£144,495	51% above HPI
2002 21 JAN	£163,000	£98,084	66% above HPI
1996 18 OCT	£86,000	£48,475	77% above HPI

22 MOUNTGRACE 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 five 22 MOUNTGRACE ROAD sales between October 1996 and October 2010 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 March 2006 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the October 2010 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 22 MOUNTGRACE ROAD be worth now?

22 MOUNTGRACE ROAD might now be worth an estimated £485,762.

This is based on house price inflation of 99.9%, between October 2010 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 99.9% inflationary increase is applied to the most recent sale price for 22 MOUNTGRACE ROAD of £243,000 on 29th October 2010. For the value to have increased from £243,000 to £485,762 over the sixteen years and six months to April 2026, the following assumptions must hold true:

• The value of 22 MOUNTGRACE ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The October 2010 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MOUNTGRACE ROAD has not materially changed since October 2010.

How Large is 22 MOUNTGRACE ROAD?

22 MOUNTGRACE ROAD is 113m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the largest 50% 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 22 MOUNTGRACE ROAD lies on this distribution: 55% of semi-detached houses houses are smaller than 22 MOUNTGRACE ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Luton.

22 MOUNTGRACE ROAD: Plot and Title Map

22 MOUNTGRACE ROAD sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 22 MOUNTGRACE 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 22 MOUNTGRACE 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 22 MOUNTGRACE ROAD?

22 MOUNTGRACE ROAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 22 on MOUNTGRACE ROAD.