4, BUTELY ROAD, LUTON, LU4 9HE - £350,000

4 BUTELY ROAD is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £350,000 in January 2021, which was around 15% below the average January 2021 detached price in the Luton local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

4 BUTELY ROAD Sold Prices

Land registry data shows three sales for 4 BUTELY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 4 BUTELY ROAD sales were for below 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 12 JAN	£350,000	£411,526	15% below HPI
2007 22 MAY	£185,000	£256,327	28% below HPI
2005 28 SEP	£172,000	£236,679	27% below HPI

4 BUTELY ROAD 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 three 4 BUTELY ROAD sales between September 2005 and January 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 May 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 4 BUTELY ROAD?

4 BUTELY ROAD is 96m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 4 BUTELY ROAD lies on this distribution: 34% of detached houses are smaller than 4 BUTELY ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 BUTELY ROAD: Plot and Title Map

4 BUTELY ROAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 4 BUTELY ROAD, 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 4 BUTELY ROAD). 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 4 BUTELY ROAD?

4 BUTELY ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 4 on BUTELY ROAD.