27, TILGATE, LUTON, LU2 8RR - £285,000

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.

27 TILGATE is a very small terraced house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £300,930. It was last sold for £285,000 in March 2022, which was around 14% above the average March 2022 terraced price in the Luton local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

27 TILGATE Sold Prices

Land registry data shows five sales for 27 TILGATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. All of the five 27 TILGATE 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
2022 4 MAR	£285,000	£250,096	14% above HPI
2004 21 MAY	£138,000	£121,317	14% above HPI
2001 10 AUG	£89,000	£72,020	24% above HPI
1998 22 SEP	£55,500	£47,229	18% above HPI
1997 1 APR	£53,500	£40,288	33% above HPI

27 TILGATE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Luton local authority area over time, sourced from the HPI. The five 27 TILGATE sales between April 1997 and March 2022 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 2004 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2022 sale, which was also at 14% above the HPI.

What might 27 TILGATE be worth now?

27 TILGATE might now be worth an estimated £300,930.

This is based on house price inflation of 5.6%, between March 2022 and April 2026, for terraced 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 5.6% inflationary increase is applied to the most recent sale price for 27 TILGATE of £285,000 on 4th March 2022. For the value to have increased from £285,000 to £300,930 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 27 TILGATE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The March 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 27 TILGATE has not materially changed since March 2022.

How Large is 27 TILGATE?

27 TILGATE is 60m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% 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 27 TILGATE lies on this distribution: 2% of terraced houses houses are smaller than 27 TILGATE, and 97% of houses are larger. Note that EPC data is not available for all properties in Luton.

27 TILGATE: Plot and Title Map

27 TILGATE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 27 TILGATE, 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 27 TILGATE). 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 27 TILGATE?

27 TILGATE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 27 on TILGATE.