34, LEAFIELD, LUTON, LU3 2SB - £232,500

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.

34 LEAFIELD is a very small terraced house of 51m², built sometime between 1991 and 1995, which could now be worth an estimated £243,040. It was last sold for £232,500 in December 2023, which was around 8% below the average December 2023 terraced price in the Luton local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

34 LEAFIELD Sold Prices

Land registry data shows three sales for 34 LEAFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. Two of the three 34 LEAFIELD sales were for below the average price, whilst one 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
2023 20 DEC	£232,500	£252,623	8% below HPI
2023 25 AUG	£202,400	£257,425	21% below HPI
1996 4 APR	£48,000	£36,737	31% above HPI

34 LEAFIELD 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 three 34 LEAFIELD sales between April 1996 and December 2023 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 August 2023 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 34 LEAFIELD be worth now?

34 LEAFIELD might now be worth an estimated £243,040.

This is based on house price inflation of 4.5%, between December 2023 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 4.5% inflationary increase is applied to the most recent sale price for 34 LEAFIELD of £232,500 on 20th December 2023. For the value to have increased from £232,500 to £243,040 over the three years and eight months to April 2026, the following assumptions must hold true:

• The value of 34 LEAFIELD has moved in line with the HPI for terraced houses in the Luton local authority area.
• The December 2023 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 34 LEAFIELD has not materially changed since December 2023.

How Large is 34 LEAFIELD?

34 LEAFIELD is 51m² according to the EPC inspection conducted in February 2023. 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 34 LEAFIELD lies on this distribution: 1% of terraced houses houses are smaller than 34 LEAFIELD, and 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

34 LEAFIELD: Plot and Title Map

34 LEAFIELD sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 34 LEAFIELD, 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 34 LEAFIELD). 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 34 LEAFIELD?

34 LEAFIELD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 34 on LEAFIELD.