56, CROMER WAY, LUTON, LU2 7DB - £94,995

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 CROMER WAY is a very small terraced house of 40m², built sometime between 1983 and 1990, which could now be worth an estimated £240,440. It was last sold for £94,995 in January 2003, which was around 20% below the average January 2003 terraced price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

56 CROMER WAY Sold Prices

Land registry data shows three sales for 56 CROMER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 56 CROMER WAY 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
2003 8 JAN	£94,995	£119,119	20% below HPI
2000 17 JAN	£51,995	£72,820	29% below HPI
1995 8 SEP	£36,750	£47,997	23% below HPI

56 CROMER WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 56 CROMER WAY sales between September 1995 and January 2003 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 January 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2003 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 56 CROMER WAY be worth now?

56 CROMER WAY might now be worth an estimated £240,440.

This is based on house price inflation of 153.1%, between January 2003 and April 2026, for terraced houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 153.1% inflationary increase is applied to the most recent sale price for 56 CROMER WAY of £94,995 on 8th January 2003. For the value to have increased from £94,995 to £240,440 over the 22 years and nine months to April 2026, the following assumptions must hold true:

• The value of 56 CROMER WAY has moved in line with the HPI for terraced houses in the Central Bedfordshire local authority area.
• The January 2003 sale price of £94,995 represented a fair market value for the property.
• The size, condition, and specification of 56 CROMER WAY has not materially changed since January 2003.

How Large is 56 CROMER WAY?

56 CROMER WAY is 40m² according to the EPC inspection conducted in February 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 56 CROMER WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 56 CROMER WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

56 CROMER WAY: Plot and Title Map

56 CROMER WAY sits on a plot of roughly 0.019 of an acre, or 78m². The below map shows the location of 56 CROMER WAY, 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 CROMER WAY). 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 CROMER WAY?

56 CROMER WAY is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 56 on CROMER WAY.