304A, OAKLEY ROAD, LUTON, LU4 9QD - £240,000

304A OAKLEY ROAD is a very small extended detached house of 53m², built sometime between 1967 and 1975. It was last sold for £240,000 in March 2015, which was around 16% below the average March 2015 detached price in the Luton local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was D.

304A OAKLEY ROAD Sold Prices

Land registry data shows two sales for 304A OAKLEY ROAD 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 304A OAKLEY ROAD 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
2015 16 MAR	£240,000	£284,453	16% below HPI
2008 18 MAR	£290,000	£266,991	9% above HPI

304A OAKLEY 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 two 304A OAKLEY ROAD sales from March 2008 and March 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 March 2008 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 304A OAKLEY ROAD?

304A OAKLEY ROAD is 53m², which includes one extension, according to the EPC inspection conducted in January 2015. 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 304A OAKLEY ROAD lies on this distribution: 1% of detached houses are smaller than 304A OAKLEY ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

304A OAKLEY ROAD: Plot and Title Map

304A OAKLEY ROAD sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 304A OAKLEY 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 304A OAKLEY 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 304A OAKLEY ROAD?

304A OAKLEY ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 304A on OAKLEY ROAD.