48, CHALKDOWN, LUTON, LU2 7FH - £332,000

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.

48 CHALKDOWN is a very small terraced house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £347,814. It was last sold for £332,000 in October 2022, which was around 15% above the average October 2022 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

48 CHALKDOWN Sold Prices

Land registry data shows three sales for 48 CHALKDOWN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 48 CHALKDOWN 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
2022 31 OCT	£332,000	£287,792	15% above HPI
2012 27 JUL	£179,000	£159,241	12% above HPI
1998 20 FEB	£71,000	£56,834	25% above HPI

48 CHALKDOWN Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 48 CHALKDOWN sales between February 1998 and October 2022 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 July 2012 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 48 CHALKDOWN be worth now?

48 CHALKDOWN might now be worth an estimated £347,814.

This is based on house price inflation of 4.8%, between October 2022 and April 2026, for terraced houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.8% inflationary increase is applied to the most recent sale price for 48 CHALKDOWN of £332,000 on 31st October 2022. For the value to have increased from £332,000 to £347,814 over the four years and six months to April 2026, the following assumptions must hold true:

• The value of 48 CHALKDOWN has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The October 2022 sale price of £332,000 represented a fair market value for the property.
• The size, condition, and specification of 48 CHALKDOWN has not materially changed since October 2022.

How Large is 48 CHALKDOWN?

48 CHALKDOWN is 72m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of terraced houses houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Luton, and where 48 CHALKDOWN lies on this distribution: 7% of terraced houses houses are smaller than 48 CHALKDOWN, and 92% of houses are larger. Note that EPC data is not available for all properties in Luton.

48 CHALKDOWN: Plot and Title Map

48 CHALKDOWN sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 48 CHALKDOWN, 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 48 CHALKDOWN). 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 48 CHALKDOWN?

48 CHALKDOWN is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 48 on CHALKDOWN.