4, LAMBOURN DRIVE, LUTON, LU2 7GQ - £260,000

4 LAMBOURN DRIVE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £260,000 in June 2017, which was around 34% below the average June 2017 detached price in the Luton local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

4 LAMBOURN DRIVE Sold Prices

Land registry data shows four sales for 4 LAMBOURN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 4 LAMBOURN DRIVE 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
2017 22 JUN	£260,000	£396,894	34% below HPI
2001 7 DEC	£113,500	£153,981	26% below HPI
1999 17 DEC	£92,000	£111,597	18% below HPI
1997 30 JUL	£74,950	£83,882	11% below HPI

4 LAMBOURN DRIVE 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 four 4 LAMBOURN DRIVE sales between July 1997 and June 2017 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 December 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2017 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 4 LAMBOURN DRIVE?

4 LAMBOURN DRIVE is 72m² according to the EPC inspection conducted in February 2009. 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 LAMBOURN DRIVE lies on this distribution: 7% of detached houses are smaller than 4 LAMBOURN DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 LAMBOURN DRIVE: Plot and Title Map

4 LAMBOURN DRIVE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 4 LAMBOURN DRIVE, 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 LAMBOURN DRIVE). 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 LAMBOURN DRIVE?

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