31, PERRYMEAD, LUTON, LU2 8UF - £186,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 PERRYMEAD is a very small terraced house of 37m², built sometime between 1991 and 1995, which could now be worth an estimated £235,966. It was last sold for £186,000 in October 2016, which was around 11% below the average October 2016 terraced price in the Luton local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

31 PERRYMEAD Sold Prices

Land registry data shows five sales for 31 PERRYMEAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. All of the five 31 PERRYMEAD 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
2016 28 OCT	£186,000	£208,157	11% below HPI
2011 2 DEC	£114,000	£135,306	16% below HPI
2010 11 NOV	£105,000	£135,725	23% below HPI
2002 27 FEB	£71,500	£76,784	7% below HPI
1998 27 FEB	£39,995	£43,944	9% below HPI

31 PERRYMEAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Luton local authority area over time, sourced from the HPI. The five 31 PERRYMEAD sales between February 1998 and October 2016 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 December 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 31 PERRYMEAD be worth now?

31 PERRYMEAD might now be worth an estimated £235,966.

This is based on house price inflation of 26.9%, between October 2016 and April 2026, for terraced houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.9% inflationary increase is applied to the most recent sale price for 31 PERRYMEAD of £186,000 on 28th October 2016. For the value to have increased from £186,000 to £235,966 over the ten years and six months to April 2026, the following assumptions must hold true:

• The value of 31 PERRYMEAD has moved in line with the HPI for terraced houses in the Luton local authority area.
• The October 2016 sale price of £186,000 represented a fair market value for the property.
• The size, condition, and specification of 31 PERRYMEAD has not materially changed since October 2016.

How Large is 31 PERRYMEAD?

31 PERRYMEAD is 37m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of terraced houses houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Luton, and where 31 PERRYMEAD lies on this distribution: Less than 1% of terraced houses houses are smaller than 31 PERRYMEAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

31 PERRYMEAD: Plot and Title Map

31 PERRYMEAD sits on a plot of roughly 0.016 of an acre, or 65m². The below map shows the location of 31 PERRYMEAD, 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 31 PERRYMEAD). 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 31 PERRYMEAD?

31 PERRYMEAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 31 on PERRYMEAD.