245, LUTON ROAD, DUNSTABLE, LU5 4LR - £305,000

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.

245 LUTON ROAD is a midsized extended terraced house of 103m², built sometime between 1930 and 1949, which could now be worth an estimated £357,475. It was last sold for £305,000 in June 2021, which was around 19% above the average June 2021 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

245 LUTON ROAD Sold Prices

Land registry data shows two sales for 245 LUTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 245 LUTON 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
2021 16 JUN	£305,000	£257,242	19% above HPI
2002 18 JAN	£102,000	£93,105	10% above HPI

245 LUTON ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 245 LUTON ROAD sales from January 2002 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 January 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 245 LUTON ROAD be worth now?

245 LUTON ROAD might now be worth an estimated £357,475.

This is based on house price inflation of 17.2%, between June 2021 and April 2026, for terraced houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.2% inflationary increase is applied to the most recent sale price for 245 LUTON ROAD of £305,000 on 16th June 2021. For the value to have increased from £305,000 to £357,475 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 245 LUTON ROAD has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The June 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 245 LUTON ROAD has not materially changed since June 2021.

How Large is 245 LUTON ROAD?

245 LUTON ROAD is 103m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% of terraced houses houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Luton, and where 245 LUTON ROAD lies on this distribution: 43% of terraced houses houses are smaller than 245 LUTON ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Luton.

245 LUTON ROAD: Plot and Title Map

245 LUTON ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 245 LUTON 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 245 LUTON 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 245 LUTON ROAD?

245 LUTON ROAD is located in DUNSTABLE, in the LU5 postcode district. The below map shows the position of No. 245 on LUTON ROAD.