55, CHESFORD ROAD, LUTON, LU2 8BE - £176,500

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.

55 CHESFORD ROAD is a very small extended terraced house of 76m², built sometime between 1930 and 1949, which could now be worth an estimated £322,952. It was last sold for £176,500 in February 2014, which was around 23% above the average February 2014 terraced price in the Luton local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

55 CHESFORD ROAD Sold Prices

Land registry data shows four sales for 55 CHESFORD ROAD 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 55 CHESFORD ROAD 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
2014 28 FEB	£176,500	£143,653	23% above HPI
2007 30 MAR	£165,000	£144,600	14% above HPI
2005 15 DEC	£143,000	£131,269	9% above HPI
2002 29 NOV	£126,100	£98,529	28% above HPI

55 CHESFORD ROAD 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 55 CHESFORD ROAD sales between November 2002 and February 2014 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 March 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2014 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 55 CHESFORD ROAD be worth now?

55 CHESFORD ROAD might now be worth an estimated £322,952.

This is based on house price inflation of 83%, between February 2014 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 83% inflationary increase is applied to the most recent sale price for 55 CHESFORD ROAD of £176,500 on 28th February 2014. For the value to have increased from £176,500 to £322,952 over the eleven years and nine months to May 2026, the following assumptions must hold true:

• The value of 55 CHESFORD ROAD has moved in line with the HPI for terraced houses in the Luton local authority area.
• The February 2014 sale price of £176,500 represented a fair market value for the property.
• The size, condition, and specification of 55 CHESFORD ROAD has not materially changed since February 2014.

How Large is 55 CHESFORD ROAD?

55 CHESFORD ROAD is 76m², which includes one extension, according to the EPC inspection conducted in January 2020. 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 55 CHESFORD ROAD lies on this distribution: 10% of terraced houses houses are smaller than 55 CHESFORD ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Luton.

55 CHESFORD ROAD: Plot and Title Map

55 CHESFORD ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 55 CHESFORD 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 55 CHESFORD 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 55 CHESFORD ROAD?

55 CHESFORD ROAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 55 on CHESFORD ROAD.