48, LAMBOURN DRIVE, LUTON, LU2 7GQ - £168,000

48 LAMBOURN DRIVE is a very small detached house of 63m², built sometime between 1991 and 1995. It was last sold for £168,000 in April 2006, which was around 28% below the average April 2006 detached price in the Luton local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

48 LAMBOURN DRIVE Sold Prices

Land registry data shows two sales for 48 LAMBOURN DRIVE 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 48 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
2006 7 APR	£168,000	£232,570	28% below HPI
1997 23 MAY	£69,950	£80,559	13% below HPI

48 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 two 48 LAMBOURN DRIVE sales from May 1997 and April 2006 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 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2006 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 48 LAMBOURN DRIVE?

48 LAMBOURN DRIVE is 63m² according to the EPC inspection conducted in October 2023. 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 48 LAMBOURN DRIVE lies on this distribution: 3% of detached houses are smaller than 48 LAMBOURN DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Luton.

48 LAMBOURN DRIVE: Plot and Title Map

48 LAMBOURN DRIVE sits on a plot of roughly 0.041 of an acre, or 168m². The below map shows the location of 48 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 48 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 48 LAMBOURN DRIVE?

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