56, BAKER STREET, LUTON, LU1 3PY - £320,000

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.

56 BAKER STREET is a large terraced house of 123m², built sometime between 1930 and 1949, which could now be worth an estimated £315,531. It was last sold for £320,000 in September 2022, which was around 20% above the average September 2022 terraced price in the Luton local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

56 BAKER STREET Sold Prices

Land registry data shows three sales for 56 BAKER STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. Two of the three 56 BAKER STREET sales were for above the average price, whilst one was 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
2022 6 SEP	£320,000	£266,573	20% above HPI
2003 17 DEC	£126,000	£113,433	11% above HPI
2001 30 JUL	£70,000	£72,041	3% below HPI

56 BAKER STREET 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 three 56 BAKER STREET sales between July 2001 and September 2022 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 December 2003 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 56 BAKER STREET be worth now?

56 BAKER STREET might now be worth an estimated £315,531.

This is based on house price deflation of 1.4%, between September 2022 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 1.4% deflationary decrease is applied to the most recent sale price for 56 BAKER STREET of £320,000 on 6th September 2022. For the value to have decreased from £320,000 to £315,531 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 56 BAKER STREET has moved in line with the HPI for terraced houses in the Luton local authority area.
• The September 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 56 BAKER STREET has not materially changed since September 2022.

How Large is 56 BAKER STREET?

56 BAKER STREET is 123m² according to the EPC inspection conducted in February 2024. This puts it in the largest 40% 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 56 BAKER STREET lies on this distribution: 66% of terraced houses houses are smaller than 56 BAKER STREET, and 33% of houses are larger. Note that EPC data is not available for all properties in Luton.

56 BAKER STREET: Plot and Title Map

56 BAKER STREET sits on a plot of roughly 0.026 of an acre, or 107m². The below map shows the location of 56 BAKER STREET, 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 56 BAKER STREET). 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 56 BAKER STREET?

56 BAKER STREET is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 56 on BAKER STREET.