55, GREEN LANE, LUTON, LU2 8AT - £255,000

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.

55 GREEN LANE is a very small extended semi-detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £297,370. It was last sold for £255,000 in October 2017, which was around 8% below the average October 2017 semi-detached price in the Luton local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

55 GREEN LANE Sold Prices

Land registry data shows two sales for 55 GREEN LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Both of the two 55 GREEN LANE 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
2017 31 OCT	£255,000	£276,987	8% below HPI
1998 7 AUG	£54,500	£59,197	8% below HPI

55 GREEN LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The two 55 GREEN LANE sales from August 1998 and October 2017 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 August 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2017 sale, which was also at 8% below the HPI.

What might 55 GREEN LANE be worth now?

55 GREEN LANE might now be worth an estimated £297,370.

This is based on house price inflation of 16.6%, between October 2017 and October 2025, for semi-detached 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 16.6% inflationary increase is applied to the most recent sale price for 55 GREEN LANE of £255,000 on 31st October 2017. For the value to have increased from £255,000 to £297,370 over the eight years to October 2025, the following assumptions must hold true:

• The value of 55 GREEN LANE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The October 2017 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 55 GREEN LANE has not materially changed since October 2017.

How Large is 55 GREEN LANE?

55 GREEN LANE is 68m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 55 GREEN LANE lies on this distribution: 5% of semi-detached houses houses are smaller than 55 GREEN LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Luton.

55 GREEN LANE: Plot and Title Map

55 GREEN LANE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 55 GREEN LANE, 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 GREEN LANE). 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 GREEN LANE?

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