6, THE AVENUE, LUTON, LU4 9AG - £365,000

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 THE AVENUE is a large extended terraced house of 138m², built sometime between 1930 and 1949, which could now be worth an estimated £382,374. It was last sold for £365,000 in January 2022, which was around 45% above the average January 2022 terraced price in the Luton local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

6 THE AVENUE Sold Prices

Land registry data shows two sales for 6 THE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. Both of the two 6 THE AVENUE 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
2022 21 JAN	£365,000	£250,907	45% above HPI
2014 10 JAN	£213,000	£142,530	49% above HPI

6 THE AVENUE 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 two 6 THE AVENUE sales from January 2014 and January 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 January 2014 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the January 2022 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 6 THE AVENUE be worth now?

6 THE AVENUE might now be worth an estimated £382,374.

This is based on house price inflation of 4.8%, between January 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 4.8% inflationary increase is applied to the most recent sale price for 6 THE AVENUE of £365,000 on 21st January 2022. For the value to have increased from £365,000 to £382,374 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 6 THE AVENUE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The January 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE AVENUE has not materially changed since January 2022.

How Large is 6 THE AVENUE?

6 THE AVENUE is 138m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 30% 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 6 THE AVENUE lies on this distribution: 79% of terraced houses houses are smaller than 6 THE AVENUE, and 21% of houses are larger. Note that EPC data is not available for all properties in Luton.

6 THE AVENUE: Plot and Title Map

6 THE AVENUE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 6 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

6 THE AVENUE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 6 on THE AVENUE.