284, DEVON ROAD, LUTON, LU2 0RY - £218,000

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.

284 DEVON ROAD is a very small terraced house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £290,356. It was last sold for £218,000 in May 2016, which was around 10% above the average May 2016 terraced price in the Luton local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

284 DEVON ROAD Sold Prices

Land registry data shows two sales for 284 DEVON 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 Luton local authority area for the corresponding sale date. Both of the two 284 DEVON 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
2016 31 MAY	£218,000	£198,268	10% above HPI
2011 25 OCT	£135,000	£132,152	2% above HPI

284 DEVON ROAD 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 two 284 DEVON ROAD sales from October 2011 and May 2016 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 October 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2016 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 284 DEVON ROAD be worth now?

284 DEVON ROAD might now be worth an estimated £290,356.

This is based on house price inflation of 33.2%, between May 2016 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 33.2% inflationary increase is applied to the most recent sale price for 284 DEVON ROAD of £218,000 on 31st May 2016. For the value to have increased from £218,000 to £290,356 over the ten years and one month to April 2026, the following assumptions must hold true:

• The value of 284 DEVON ROAD has moved in line with the HPI for terraced houses in the Luton local authority area.
• The May 2016 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 284 DEVON ROAD has not materially changed since May 2016.

How Large is 284 DEVON ROAD?

284 DEVON ROAD is 84m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% 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 284 DEVON ROAD lies on this distribution: 19% of terraced houses houses are smaller than 284 DEVON ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Luton.

284 DEVON ROAD: Plot and Title Map

284 DEVON ROAD sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 284 DEVON 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 284 DEVON 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 284 DEVON ROAD?

284 DEVON ROAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 284 on DEVON ROAD.