37, SPURCROFT, LUTON, LU3 4EG - £245,500

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.

37 SPURCROFT is a very small terraced house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £275,591. It was last sold for £245,500 in September 2021, which was around 4% above the average September 2021 terraced price in the Luton local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was A.

37 SPURCROFT Sold Prices

Land registry data shows four sales for 37 SPURCROFT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. All of the four 37 SPURCROFT sales were 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
2021 27 SEP	£245,500	£236,536	4% above HPI
2016 4 FEB	£202,000	£191,698	5% above HPI
2004 17 SEP	£144,995	£128,275	13% above HPI
2002 31 JAN	£84,000	£76,306	10% above HPI

37 SPURCROFT 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 four 37 SPURCROFT sales between January 2002 and September 2021 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 February 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 37 SPURCROFT be worth now?

37 SPURCROFT might now be worth an estimated £275,591.

This is based on house price inflation of 12.3%, between September 2021 and July 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 12.3% inflationary increase is applied to the most recent sale price for 37 SPURCROFT of £245,500 on 27th September 2021. For the value to have increased from £245,500 to £275,591 over the five years and two months to July 2026, the following assumptions must hold true:

• The value of 37 SPURCROFT has moved in line with the HPI for terraced houses in the Luton local authority area.
• The September 2021 sale price of £245,500 represented a fair market value for the property.
• The size, condition, and specification of 37 SPURCROFT has not materially changed since September 2021.

How Large is 37 SPURCROFT?

37 SPURCROFT is 59m² according to the EPC inspection conducted in August 2015. 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 37 SPURCROFT lies on this distribution: 2% of terraced houses houses are smaller than 37 SPURCROFT, and 98% of houses are larger. Note that EPC data is not available for all properties in Luton.

37 SPURCROFT: Plot and Title Map

37 SPURCROFT sits on a plot of roughly 0.026 of an acre, or 106m². The below map shows the location of 37 SPURCROFT, 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 37 SPURCROFT). 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 37 SPURCROFT?

37 SPURCROFT is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 37 on SPURCROFT.