53, CATESBY GREEN, LUTON, LU3 4DR - £141,000

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.

53 CATESBY GREEN is a very small terraced house of 43m², built sometime between 1991 and 1995, which could now be worth an estimated £223,701. It was last sold for £141,000 in May 2015, which was around 15% below the average May 2015 terraced price in the Luton local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

53 CATESBY GREEN Sold Prices

Land registry data shows four sales for 53 CATESBY GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. All of the four 53 CATESBY GREEN 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
2015 8 MAY	£141,000	£165,676	15% below HPI
2005 12 MAY	£105,500	£129,890	19% below HPI
2001 20 JUL	£62,000	£72,041	14% below HPI
1997 27 FEB	£34,000	£38,625	12% below HPI

53 CATESBY GREEN Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Luton local authority area over time, sourced from the HPI. The four 53 CATESBY GREEN sales between February 1997 and May 2015 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 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 53 CATESBY GREEN be worth now?

53 CATESBY GREEN might now be worth an estimated £223,701.

This is based on house price inflation of 58.7%, between May 2015 and May 2026, for terraced houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.7% inflationary increase is applied to the most recent sale price for 53 CATESBY GREEN of £141,000 on 8th May 2015. For the value to have increased from £141,000 to £223,701 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 53 CATESBY GREEN has moved in line with the HPI for terraced houses in the Luton local authority area.
• The May 2015 sale price of £141,000 represented a fair market value for the property.
• The size, condition, and specification of 53 CATESBY GREEN has not materially changed since May 2015.

How Large is 53 CATESBY GREEN?

53 CATESBY GREEN is 43m² according to the EPC inspection conducted in March 2009. 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 53 CATESBY GREEN lies on this distribution: Less than 1% of terraced houses houses are smaller than 53 CATESBY GREEN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

53 CATESBY GREEN: Plot and Title Map

53 CATESBY GREEN sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 53 CATESBY GREEN, 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 53 CATESBY GREEN). 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 53 CATESBY GREEN?

53 CATESBY GREEN is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 53 on CATESBY GREEN.