3, CHARTWELL DRIVE, LUTON, LU2 7JD - £490,000

3 CHARTWELL DRIVE is a very large extended detached house of 150m², built sometime between 1976 and 1982. It was last sold for £490,000 in February 2022, which was around 7% above the average February 2022 detached price in the Luton local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

3 CHARTWELL DRIVE Sold Prices

Land registry data shows four sales for 3 CHARTWELL DRIVE 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 3 CHARTWELL DRIVE 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 11 FEB	£490,000	£458,292	7% above HPI
2010 26 AUG	£325,000	£244,885	33% above HPI
2007 10 JUL	£315,000	£257,677	22% above HPI
1996 26 JAN	£108,500	£73,379	48% above HPI

3 CHARTWELL DRIVE 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 3 CHARTWELL DRIVE sales between January 1996 and February 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 2010 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 3 CHARTWELL DRIVE?

3 CHARTWELL DRIVE is 150m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% 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 CHARTWELL DRIVE lies on this distribution: 85% of detached houses are smaller than 3 CHARTWELL DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 CHARTWELL DRIVE: Plot and Title Map

3 CHARTWELL DRIVE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 3 CHARTWELL DRIVE, 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 CHARTWELL DRIVE). 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 CHARTWELL DRIVE?

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