26, SPRINGFIELD ROAD, LUTON, LU3 2HF - £165,000

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.

26 SPRINGFIELD ROAD is a very small semi-detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £326,890. It was last sold for £165,000 in April 2013, which was around 1% below the average April 2013 semi-detached price in the Luton local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was B.

26 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 26 SPRINGFIELD ROAD 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. One of the two 26 SPRINGFIELD ROAD sales was for below the average price, whilst the other was 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
2013 12 APR	£165,000	£166,719	1% below HPI
1998 30 SEP	£66,500	£59,584	12% above HPI

26 SPRINGFIELD 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 two 26 SPRINGFIELD ROAD sales from September 1998 and April 2013 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 September 1998 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2013 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 26 SPRINGFIELD ROAD be worth now?

26 SPRINGFIELD ROAD might now be worth an estimated £326,890.

This is based on house price inflation of 98.1%, between April 2013 and July 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 98.1% inflationary increase is applied to the most recent sale price for 26 SPRINGFIELD ROAD of £165,000 on 12th April 2013. For the value to have increased from £165,000 to £326,890 over the twelve years and nine months to July 2026, the following assumptions must hold true:

• The value of 26 SPRINGFIELD ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The April 2013 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 26 SPRINGFIELD ROAD has not materially changed since April 2013.

How Large is 26 SPRINGFIELD ROAD?

26 SPRINGFIELD ROAD is 72m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 10% 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 26 SPRINGFIELD ROAD lies on this distribution: 7% of semi-detached houses houses are smaller than 26 SPRINGFIELD ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Luton.

26 SPRINGFIELD ROAD: Plot and Title Map

26 SPRINGFIELD ROAD sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 26 SPRINGFIELD 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 26 SPRINGFIELD 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 26 SPRINGFIELD ROAD?

26 SPRINGFIELD ROAD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 26 on SPRINGFIELD ROAD.