63, TURNPIKE DRIVE, LUTON, LU3 3RA - £360,000

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.

63 TURNPIKE DRIVE is a small terraced house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £440,047. It was last sold for £360,000 in June 2019, which was around 67% above the average June 2019 terraced price in the Luton local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

63 TURNPIKE DRIVE Sold Prices

Land registry data shows four sales for 63 TURNPIKE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. All of the four 63 TURNPIKE DRIVE 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
2019 26 JUN	£360,000	£215,036	67% above HPI
2007 26 JUL	£250,000	£150,176	66% above HPI
2005 25 FEB	£212,500	£128,548	65% above HPI
2003 26 MAR	£196,000	£105,491	86% above HPI

63 TURNPIKE DRIVE 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 four 63 TURNPIKE DRIVE sales between March 2003 and June 2019 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 July 2007 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the June 2019 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 63 TURNPIKE DRIVE be worth now?

63 TURNPIKE DRIVE might now be worth an estimated £440,047.

This is based on house price inflation of 22.2%, between June 2019 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 22.2% inflationary increase is applied to the most recent sale price for 63 TURNPIKE DRIVE of £360,000 on 26th June 2019. For the value to have increased from £360,000 to £440,047 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 63 TURNPIKE DRIVE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The June 2019 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 63 TURNPIKE DRIVE has not materially changed since June 2019.

How Large is 63 TURNPIKE DRIVE?

63 TURNPIKE DRIVE is 93m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 63 TURNPIKE DRIVE lies on this distribution: 29% of terraced houses houses are smaller than 63 TURNPIKE DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Luton.

63 TURNPIKE DRIVE: Plot and Title Map

63 TURNPIKE DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 63 TURNPIKE DRIVE, 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 63 TURNPIKE DRIVE). 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 63 TURNPIKE DRIVE?

63 TURNPIKE DRIVE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 63 on TURNPIKE DRIVE.