5, RACKHAM DRIVE, LUTON, LU3 2AF - £437,000

5 RACKHAM DRIVE is a midsized detached house of 108m², built sometime between 1991 and 1995. It was last sold for £437,000 in October 2019, which was around 10% above the average October 2019 detached price in the Luton local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

5 RACKHAM DRIVE Sold Prices

Land registry data shows four sales for 5 RACKHAM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 5 RACKHAM DRIVE 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
2019 22 OCT	£437,000	£395,947	10% above HPI
2012 7 JUN	£280,000	£240,464	16% above HPI
2004 11 JUN	£267,000	£224,884	19% above HPI
1997 3 JUL	£123,500	£83,882	47% above HPI

5 RACKHAM 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 four 5 RACKHAM DRIVE sales between July 1997 and October 2019 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 June 2012 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 5 RACKHAM DRIVE?

5 RACKHAM DRIVE is 108m² according to the EPC inspection conducted in January 2012. This puts it in the largest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 5 RACKHAM DRIVE lies on this distribution: 51% of detached houses are smaller than 5 RACKHAM DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 RACKHAM DRIVE: Plot and Title Map

5 RACKHAM DRIVE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 5 RACKHAM 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 5 RACKHAM 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 5 RACKHAM DRIVE?

5 RACKHAM DRIVE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 5 on RACKHAM DRIVE.