5, ALPINE TERRACE, LUTON, LU1 3SS - £79,000

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.

5 ALPINE TERRACE is a very small flat of 20m², built sometime between 1900 and 1929, which could now be worth an estimated £90,192. It was last sold for £79,000 in March 2016, which was around 43% below the average March 2016 flat price in the Luton local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

5 ALPINE TERRACE Sold Prices

Land registry data shows five sales for 5 ALPINE TERRACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Luton local authority area for the corresponding sale date. All of the five 5 ALPINE TERRACE 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
2016 30 MAR	£79,000	£138,811	43% below HPI
2006 8 DEC	£66,500	£113,365	41% below HPI
2005 23 SEP	£62,000	£107,894	43% below HPI
2003 21 FEB	£36,000	£85,380	58% below HPI
1995 10 MAR	£11,250	£31,439	64% below HPI

What might 5 ALPINE TERRACE be worth now?

5 ALPINE TERRACE might now be worth an estimated £90,192.

This is based on house price inflation of 14.2%, between March 2016 and May 2026, for flats, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.2% inflationary increase is applied to the most recent sale price for 5 ALPINE TERRACE of £79,000 on 30th March 2016. For the value to have increased from £79,000 to £90,192 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 ALPINE TERRACE has moved in line with the HPI for flats in the Luton local authority area.
• The March 2016 sale price of £79,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ALPINE TERRACE has not materially changed since March 2016.

How Large is 5 ALPINE TERRACE?

5 ALPINE TERRACE is 20m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% of flats in Luton, based on EPC data. Less than 1% of flats are smaller than 5 ALPINE TERRACE, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Luton.

5 ALPINE TERRACE: Plot

5 ALPINE TERRACE sits on a plot of roughly 0.317 of an acre, or 1,281m².

Where is 5 ALPINE TERRACE?

5 ALPINE TERRACE is located in LUTON, in the LU1 postcode district.