4, GAYLAND AVENUE, LUTON, LU2 0RR - £225,000

4 GAYLAND AVENUE is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £225,000 in August 2016, which was around 40% below the average August 2016 detached price in the Luton local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

4 GAYLAND AVENUE Sold Prices

Land registry data shows three sales for 4 GAYLAND AVENUE 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 GAYLAND AVENUE 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
2016 12 AUG	£225,000	£375,559	40% below HPI
2005 18 JAN	£148,500	£231,823	36% below HPI
1996 28 AUG	£59,000	£74,467	21% below HPI

4 GAYLAND AVENUE 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 GAYLAND AVENUE sales between August 1996 and August 2016 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 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 4 GAYLAND AVENUE?

4 GAYLAND AVENUE is 56m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% 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 GAYLAND AVENUE lies on this distribution: 2% of detached houses are smaller than 4 GAYLAND AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 GAYLAND AVENUE: Plot and Title Map

4 GAYLAND AVENUE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 4 GAYLAND AVENUE, 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 GAYLAND AVENUE). 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 GAYLAND AVENUE?

4 GAYLAND AVENUE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 4 on GAYLAND AVENUE.