4, RACKHAM DRIVE, LUTON, LU3 2AF - £440,000

4 RACKHAM DRIVE is a midsized extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £440,000 in September 2019, which was around 12% above the average September 2019 detached price in the Luton local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

4 RACKHAM DRIVE Sold Prices

Land registry data shows three sales for 4 RACKHAM DRIVE 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 RACKHAM DRIVE 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
2019 13 SEP	£440,000	£394,025	12% above HPI
2007 25 JUN	£269,500	£257,619	5% above HPI
1997 29 DEC	£102,950	£87,400	18% above HPI

4 RACKHAM 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 three 4 RACKHAM DRIVE sales between December 1997 and September 2019 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 June 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2019 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 4 RACKHAM DRIVE?

4 RACKHAM DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% 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 RACKHAM DRIVE lies on this distribution: 54% of detached houses are smaller than 4 RACKHAM DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 RACKHAM DRIVE: Plot and Title Map

4 RACKHAM DRIVE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 4 RACKHAM 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 RACKHAM 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 RACKHAM DRIVE?

4 RACKHAM DRIVE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 4 on RACKHAM DRIVE.