32, EMERALD ROAD, LUTON, LU4 0NR - £407,500

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.

32 EMERALD ROAD is a large extended detached house of 127m², built sometime between 1950 and 1966, which could now be worth an estimated £477,797. It was last sold for £407,500 in May 2020, which was around 4% above the average May 2020 detached price in the Luton local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

32 EMERALD ROAD Sold Prices

Land registry data shows three sales for 32 EMERALD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Two of the three 32 EMERALD ROAD sales were for above the average price, whilst one was 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
2020 1 MAY	£407,500	£393,102	4% above HPI
2014 23 MAY	£249,995	£263,454	5% below HPI
2002 6 DEC	£239,950	£200,743	20% above HPI

32 EMERALD 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 three 32 EMERALD ROAD sales between December 2002 and May 2020 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 May 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 32 EMERALD ROAD be worth now?

32 EMERALD ROAD might now be worth an estimated £477,797.

This is based on house price inflation of 17.3%, between May 2020 and October 2025, for detached 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 17.3% inflationary increase is applied to the most recent sale price for 32 EMERALD ROAD of £407,500 on 1st May 2020. For the value to have increased from £407,500 to £477,797 over the four years and seven months to October 2025, the following assumptions must hold true:

• The value of 32 EMERALD ROAD has moved in line with the HPI for detached houses in the Luton local authority area.
• The May 2020 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of 32 EMERALD ROAD has not materially changed since May 2020.

How Large is 32 EMERALD ROAD?

32 EMERALD ROAD is 127m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 32 EMERALD ROAD lies on this distribution: 69% of detached houses houses are smaller than 32 EMERALD ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Luton.

32 EMERALD ROAD: Plot and Title Map

32 EMERALD ROAD sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 32 EMERALD 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 32 EMERALD 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 32 EMERALD ROAD?

32 EMERALD ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 32 on EMERALD ROAD.