39, WOODMERE, LUTON, LU3 4DL - £295,000

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.

39 WOODMERE is a very small terraced house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £296,173. It was last sold for £295,000 in August 2022, which was around 12% above the average August 2022 terraced price in the Luton local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

39 WOODMERE Sold Prices

Land registry data shows three sales for 39 WOODMERE 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. All of the three 39 WOODMERE 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
2022 26 AUG	£295,000	£263,029	12% above HPI
2001 26 JAN	£83,000	£67,072	24% above HPI
1997 3 MAR	£53,000	£39,228	35% above HPI

39 WOODMERE 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 39 WOODMERE sales between March 1997 and August 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 January 2001 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 39 WOODMERE be worth now?

39 WOODMERE might now be worth an estimated £296,173.

This is based on house price inflation of 0.4%, between August 2022 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 0.4% inflationary increase is applied to the most recent sale price for 39 WOODMERE of £295,000 on 26th August 2022. For the value to have increased from £295,000 to £296,173 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 39 WOODMERE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The August 2022 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 39 WOODMERE has not materially changed since August 2022.

How Large is 39 WOODMERE?

39 WOODMERE is 58m² according to the EPC inspection conducted in April 2022. 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 39 WOODMERE lies on this distribution: 2% of terraced houses houses are smaller than 39 WOODMERE, and 98% of houses are larger. Note that EPC data is not available for all properties in Luton.

39 WOODMERE: Plot and Title Map

39 WOODMERE sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 39 WOODMERE, 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 39 WOODMERE). 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 39 WOODMERE?

39 WOODMERE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 39 on WOODMERE.