23, BROAD MEAD, LUTON, LU3 1RX - £320,000

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.

23 BROAD MEAD is a midsized extended semi-detached house of 104m², built sometime between 1930 and 1949, which could now be worth an estimated £366,262. It was last sold for £320,000 in June 2021, which was around 14% above the average June 2021 semi-detached price in the Luton local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

23 BROAD MEAD Sold Prices

Land registry data shows two sales for 23 BROAD MEAD 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 23 BROAD MEAD 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 4 JUN	£320,000	£281,234	14% above HPI
2015 28 AUG	£255,000	£214,744	19% above HPI

23 BROAD MEAD 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 23 BROAD MEAD sales from August 2015 and June 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 August 2015 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 23 BROAD MEAD be worth now?

23 BROAD MEAD might now be worth an estimated £366,262.

This is based on house price inflation of 14.5%, between June 2021 and February 2025, 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 14.5% inflationary increase is applied to the most recent sale price for 23 BROAD MEAD of £320,000 on 4th June 2021. For the value to have increased from £320,000 to £366,262 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 23 BROAD MEAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The June 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 23 BROAD MEAD has not materially changed since June 2021.

How Large is 23 BROAD MEAD?

23 BROAD MEAD is 104m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 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 23 BROAD MEAD lies on this distribution: 45% of semi-detached houses houses are smaller than 23 BROAD MEAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Luton.

23 BROAD MEAD: Plot and Title Map

23 BROAD MEAD sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 23 BROAD MEAD, 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 23 BROAD MEAD). 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 23 BROAD MEAD?

23 BROAD MEAD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 23 on BROAD MEAD.