37, THE MAGPIES, LUTON, LU2 7XT - £151,250

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 THE MAGPIES is a very small terraced house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £278,364. It was last sold for £151,250 in November 2006, which was around 7% above the average November 2006 terraced price in the Luton local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

37 THE MAGPIES Sold Prices

Land registry data shows two sales for 37 THE MAGPIES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. Both of the two 37 THE MAGPIES 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
2006 9 NOV	£151,250	£141,676	7% above HPI
1999 17 SEP	£59,995	£53,372	12% above HPI

37 THE MAGPIES 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 two 37 THE MAGPIES sales from September 1999 and November 2006 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 September 1999 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2006 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 37 THE MAGPIES be worth now?

37 THE MAGPIES might now be worth an estimated £278,364.

This is based on house price inflation of 84%, between November 2006 and October 2025, 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 84% inflationary increase is applied to the most recent sale price for 37 THE MAGPIES of £151,250 on 9th November 2006. For the value to have increased from £151,250 to £278,364 over the nineteen years and one month to October 2025, the following assumptions must hold true:

• The value of 37 THE MAGPIES has moved in line with the HPI for terraced houses in the Luton local authority area.
• The November 2006 sale price of £151,250 represented a fair market value for the property.
• The size, condition, and specification of 37 THE MAGPIES has not materially changed since November 2006.

How Large is 37 THE MAGPIES?

37 THE MAGPIES is 59m² according to the EPC inspection conducted in September 2021. 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 THE MAGPIES lies on this distribution: 2% of terraced houses houses are smaller than 37 THE MAGPIES, and 98% of houses are larger. Note that EPC data is not available for all properties in Luton.

37 THE MAGPIES: Plot and Title Map

37 THE MAGPIES sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 37 THE MAGPIES, 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 THE MAGPIES). 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 THE MAGPIES?

37 THE MAGPIES is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 37 on THE MAGPIES.