40, LONDON ROAD, LUTON, LU1 3UQ - £445,000

40 LONDON ROAD is a small detached house of 92m², built sometime between 1930 and 1949. It was last sold for £445,000 in April 2021, which was around 11% above the average April 2021 detached price in the Luton local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

40 LONDON ROAD Sold Prices

Land registry data shows two sales for 40 LONDON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 40 LONDON ROAD 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
2021 15 APR	£445,000	£402,508	11% above HPI
2013 22 MAY	£310,000	£246,584	26% above HPI

40 LONDON 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 two 40 LONDON ROAD sales from May 2013 and April 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 2013 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2021 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 40 LONDON ROAD?

40 LONDON ROAD is 92m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 40 LONDON ROAD lies on this distribution: 29% of detached houses are smaller than 40 LONDON ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Luton.

40 LONDON ROAD: Plot and Title Map

40 LONDON ROAD sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of 40 LONDON 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 40 LONDON 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 40 LONDON ROAD?

40 LONDON ROAD is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 40 on LONDON ROAD.