247, LUTON ROAD, DUNSTABLE, LU5 4LR - £270,000

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.

247 LUTON ROAD is a small extended semi-detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £336,301. It was last sold for £270,000 in August 2017, which was around 12% below the average August 2017 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

247 LUTON ROAD Sold Prices

Land registry data shows five sales for 247 LUTON 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 Central Bedfordshire local authority area for the corresponding sale date. All of the five 247 LUTON 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
2017 18 AUG	£270,000	£305,150	12% below HPI
2012 1 JUN	£145,000	£193,825	25% below HPI
2005 22 DEC	£151,000	£183,364	18% below HPI
2002 18 DEC	£121,500	£151,243	20% below HPI
1996 22 NOV	£44,000	£61,079	28% below HPI

247 LUTON ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The five 247 LUTON ROAD sales between November 1996 and August 2017 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 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2017 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 247 LUTON ROAD be worth now?

247 LUTON ROAD might now be worth an estimated £336,301.

This is based on house price inflation of 24.6%, between August 2017 and April 2026, for semi-detached 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 24.6% inflationary increase is applied to the most recent sale price for 247 LUTON ROAD of £270,000 on 18th August 2017. For the value to have increased from £270,000 to £336,301 over the nine years and four months to April 2026, the following assumptions must hold true:

• The value of 247 LUTON ROAD has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The August 2017 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 247 LUTON ROAD has not materially changed since August 2017.

How Large is 247 LUTON ROAD?

247 LUTON ROAD is 86m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% 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 247 LUTON ROAD lies on this distribution: 20% of semi-detached houses houses are smaller than 247 LUTON ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Luton.

247 LUTON ROAD: Plot and Title Map

247 LUTON ROAD sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 247 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 247 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 247 LUTON ROAD?

247 LUTON ROAD is located in DUNSTABLE, in the LU5 postcode district. The below map shows the position of No. 247 on LUTON ROAD.