388, ICKNIELD WAY, LUTON, LU3 2JX - £370,000

388 ICKNIELD WAY is a very small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £370,000 in February 2022, which was around 19% below the average February 2022 detached price in the Luton local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

388 ICKNIELD WAY Sold Prices

Land registry data shows two sales for 388 ICKNIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. One of the two 388 ICKNIELD WAY sales was for below the average price, whilst the other 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
2022 17 FEB	£370,000	£458,292	19% below HPI
2001 1 AUG	£159,990	£145,678	10% above HPI

388 ICKNIELD WAY 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 two 388 ICKNIELD WAY sales from August 2001 and February 2022 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 2001 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 388 ICKNIELD WAY?

388 ICKNIELD WAY is 83m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 388 ICKNIELD WAY lies on this distribution: 17% of detached houses are smaller than 388 ICKNIELD WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Luton.

388 ICKNIELD WAY: Plot and Title Map

388 ICKNIELD WAY sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 388 ICKNIELD WAY, 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 388 ICKNIELD WAY). 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 388 ICKNIELD WAY?

388 ICKNIELD WAY is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 388 on ICKNIELD WAY.