3, THE RETREAT, DUNSTABLE, LU5 4PZ - £417,000

3 THE RETREAT is a very small extended detached house of 68m², built sometime between 1967 and 1975. It was last sold for £417,000 in July 2019, which was around 15% below the average July 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

3 THE RETREAT Sold Prices

Land registry data shows two sales for 3 THE RETREAT 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 THE RETREAT 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
2019 24 JUL	£417,000	£489,825	15% below HPI
2015 15 OCT	£385,000	£419,016	8% below HPI

3 THE RETREAT 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 THE RETREAT sales from October 2015 and July 2019 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 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 THE RETREAT?

3 THE RETREAT is 68m², which includes one extension, according to the EPC inspection conducted in May 2010. 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 THE RETREAT lies on this distribution: 6% of detached houses are smaller than 3 THE RETREAT, and 94% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 THE RETREAT: Plot and Title Map

3 THE RETREAT sits on a plot of roughly 0.079 of an acre, or 322m². The below map shows the location of 3 THE RETREAT, 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 THE RETREAT). 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 THE RETREAT?

3 THE RETREAT is located in DUNSTABLE, in the LU5 postcode district. The below map shows the position of No. 3 on THE RETREAT.