24, HOMEDALE DRIVE, LUTON, LU4 9TE - £345,000

24 HOMEDALE DRIVE is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £345,000 in June 2021, which was around 16% below the average June 2021 detached price in the Luton local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

24 HOMEDALE DRIVE Sold Prices

Land registry data shows four sales for 24 HOMEDALE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 24 HOMEDALE DRIVE 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
2021 18 JUN	£345,000	£411,652	16% below HPI
2018 14 MAY	£310,000	£400,815	23% below HPI
2013 6 DEC	£207,500	£254,405	18% below HPI
2003 21 NOV	£185,000	£218,180	15% below HPI

24 HOMEDALE DRIVE 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 four 24 HOMEDALE DRIVE sales between November 2003 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 May 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 24 HOMEDALE DRIVE?

24 HOMEDALE DRIVE is 73m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 24 HOMEDALE DRIVE lies on this distribution: 8% of detached houses are smaller than 24 HOMEDALE DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Luton.

24 HOMEDALE DRIVE: Plot and Title Map

24 HOMEDALE DRIVE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 24 HOMEDALE DRIVE, 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 24 HOMEDALE DRIVE). 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 24 HOMEDALE DRIVE?

24 HOMEDALE DRIVE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 24 on HOMEDALE DRIVE.