6, ERESWELL ROAD, LUTON, LU3 2UH - £300,000

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.

6 ERESWELL ROAD is a small extended detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £325,995. It was last sold for £300,000 in September 2021, which was around 29% below the average September 2021 detached price in the Luton local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

6 ERESWELL ROAD Sold Prices

Land registry data shows two sales for 6 ERESWELL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 6 ERESWELL ROAD 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
2021 1 SEP	£300,000	£424,162	29% below HPI
2009 30 OCT	£210,000	£229,412	8% below HPI

6 ERESWELL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The two 6 ERESWELL ROAD sales from October 2009 and September 2021 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 October 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 6 ERESWELL ROAD be worth now?

6 ERESWELL ROAD might now be worth an estimated £325,995.

This is based on house price inflation of 8.7%, between September 2021 and October 2025, for 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 8.7% inflationary increase is applied to the most recent sale price for 6 ERESWELL ROAD of £300,000 on 1st September 2021. For the value to have increased from £300,000 to £325,995 over the three years and eleven months to October 2025, the following assumptions must hold true:

• The value of 6 ERESWELL ROAD has moved in line with the HPI for detached houses in the Luton local authority area.
• The September 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ERESWELL ROAD has not materially changed since September 2021.

How Large is 6 ERESWELL ROAD?

6 ERESWELL ROAD is 86m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 30% of detached houses houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 6 ERESWELL ROAD lies on this distribution: 20% of detached houses houses are smaller than 6 ERESWELL ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Luton.

6 ERESWELL ROAD: Plot and Title Map

6 ERESWELL ROAD sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 6 ERESWELL 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 6 ERESWELL 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 6 ERESWELL ROAD?

6 ERESWELL ROAD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 6 on ERESWELL ROAD.