298, HITCHIN ROAD, LUTON, LU2 0EU - £180,000

298 HITCHIN ROAD is a very small detached house of 74m², built sometime between 1930 and 1949. It was last sold for £180,000 in July 2015, which was around 42% below the average July 2015 detached price in the Luton local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

298 HITCHIN ROAD Sold Prices

Land registry data shows four sales for 298 HITCHIN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 298 HITCHIN 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
2015 3 JUL	£180,000	£310,422	42% below HPI
2009 29 MAY	£125,000	£209,481	40% below HPI
2005 23 SEP	£192,500	£236,679	19% below HPI
2002 19 DEC	£115,000	£201,927	43% below HPI

298 HITCHIN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The four 298 HITCHIN ROAD sales between December 2002 and July 2015 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 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2015 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 298 HITCHIN ROAD?

298 HITCHIN ROAD is 74m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 298 HITCHIN ROAD lies on this distribution: 8% of detached houses are smaller than 298 HITCHIN ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Luton.

298 HITCHIN ROAD: Plot and Title Map

298 HITCHIN ROAD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 298 HITCHIN 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 298 HITCHIN 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 298 HITCHIN ROAD?

298 HITCHIN ROAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 298 on HITCHIN ROAD.