45, EDGEWOOD DRIVE, LUTON, LU2 8ER - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

45 EDGEWOOD DRIVE is a very small extended semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £344,986. It was last sold for £290,000 in August 2018, which was around 5% above the average August 2018 semi-detached price in the Luton local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

45 EDGEWOOD DRIVE Sold Prices

Land registry data shows three sales for 45 EDGEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Two of the three 45 EDGEWOOD DRIVE sales were for above the average price, whilst one was 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
2018 9 AUG	£290,000	£275,763	5% above HPI
2014 11 APR	£222,000	£178,009	25% above HPI
2014 10 JAN	£155,000	£173,646	11% below HPI

45 EDGEWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The three 45 EDGEWOOD DRIVE sales between January 2014 and August 2018 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 April 2014 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 45 EDGEWOOD DRIVE be worth now?

45 EDGEWOOD DRIVE might now be worth an estimated £344,986.

This is based on house price inflation of 19%, between August 2018 and May 2026, for semi-detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19% inflationary increase is applied to the most recent sale price for 45 EDGEWOOD DRIVE of £290,000 on 9th August 2018. For the value to have increased from £290,000 to £344,986 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 45 EDGEWOOD DRIVE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The August 2018 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 45 EDGEWOOD DRIVE has not materially changed since August 2018.

How Large is 45 EDGEWOOD DRIVE?

45 EDGEWOOD DRIVE is 76m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 45 EDGEWOOD DRIVE lies on this distribution: 10% of semi-detached houses houses are smaller than 45 EDGEWOOD DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Luton.

45 EDGEWOOD DRIVE: Plot and Title Map

45 EDGEWOOD DRIVE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 45 EDGEWOOD 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 45 EDGEWOOD 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 45 EDGEWOOD DRIVE?

45 EDGEWOOD DRIVE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 45 on EDGEWOOD DRIVE.