3, FARMBROOK, LUTON, LU2 7SQ - £285,000

3 FARMBROOK is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £285,000 in December 2018, which was around 44% below the average December 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

3 FARMBROOK Sold Prices

Land registry data shows two sales for 3 FARMBROOK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 3 FARMBROOK 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
2018 20 DEC	£285,000	£506,677	44% below HPI
2006 21 APR	£184,000	£296,250	38% below HPI

3 FARMBROOK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 3 FARMBROOK sales from April 2006 and December 2018 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 April 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 3 FARMBROOK?

3 FARMBROOK is 70m² according to the EPC inspection conducted in December 2018. 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 3 FARMBROOK lies on this distribution: 6% of detached houses are smaller than 3 FARMBROOK, and 93% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 FARMBROOK: Plot and Title Map

3 FARMBROOK sits on a plot of roughly 0.047 of an acre, or 188m². The below map shows the location of 3 FARMBROOK, 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 FARMBROOK). 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 FARMBROOK?

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