498, DUNSTABLE ROAD, LUTON, LU4 8DL - £245,000

498 DUNSTABLE ROAD is a very small extended detached house of 72m², built sometime between 1930 and 1949. It was last sold for £245,000 in February 2022, which was around 47% below the average February 2022 detached price in the Luton local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was B.

498 DUNSTABLE ROAD Sold Prices

Land registry data shows two sales for 498 DUNSTABLE 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 498 DUNSTABLE ROAD 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
2022 16 FEB	£245,000	£458,292	47% below HPI
1995 28 APR	£40,000	£73,601	46% below HPI

498 DUNSTABLE 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 498 DUNSTABLE ROAD sales from April 1995 and February 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 April 1995 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 498 DUNSTABLE ROAD?

498 DUNSTABLE ROAD is 72m², which includes one extension, according to the EPC inspection conducted in January 2020. 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 498 DUNSTABLE ROAD lies on this distribution: 7% of detached houses are smaller than 498 DUNSTABLE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Luton.

498 DUNSTABLE ROAD: Plot and Title Map

498 DUNSTABLE ROAD sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 498 DUNSTABLE 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 498 DUNSTABLE 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 498 DUNSTABLE ROAD?

498 DUNSTABLE ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 498 on DUNSTABLE ROAD.