3, CHARMBURY RISE, LUTON, LU2 7XR - £380,000

3 CHARMBURY RISE is a midsized detached house of 113m², built sometime between 1983 and 1990. It was last sold for £380,000 in July 2022, which was around 18% below the average July 2022 detached price in the Luton local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

3 CHARMBURY RISE Sold Prices

Land registry data shows two sales for 3 CHARMBURY RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. One of the two 3 CHARMBURY RISE 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
2022 8 JUL	£380,000	£463,371	18% below HPI
1999 2 AUG	£139,500	£103,228	35% above HPI

3 CHARMBURY RISE 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 two 3 CHARMBURY RISE sales from August 1999 and July 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 August 1999 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 CHARMBURY RISE?

3 CHARMBURY RISE is 113m² according to the EPC inspection conducted in October 2021. This puts it in the largest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 3 CHARMBURY RISE lies on this distribution: 55% of detached houses are smaller than 3 CHARMBURY RISE, and 44% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 CHARMBURY RISE: Plot and Title Map

3 CHARMBURY RISE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 3 CHARMBURY RISE, 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 3 CHARMBURY RISE). 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 3 CHARMBURY RISE?

3 CHARMBURY RISE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 3 on CHARMBURY RISE.