7, DANVERS DRIVE, LUTON, LU3 4EF - £404,000

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.

7 DANVERS DRIVE is a midsized extended detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £468,070. It was last sold for £404,000 in October 2017, which was around 1% below the average October 2017 detached price in the Luton local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

7 DANVERS DRIVE Sold Prices

Land registry data shows two sales for 7 DANVERS DRIVE 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. One of the two 7 DANVERS DRIVE sales was for below the average price, whilst the other was 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
2017 16 OCT	£404,000	£407,810	1% below HPI
2001 5 OCT	£186,000	£149,213	25% above HPI

7 DANVERS DRIVE 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 7 DANVERS DRIVE sales from October 2001 and October 2017 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 2001 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2017 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 7 DANVERS DRIVE be worth now?

7 DANVERS DRIVE might now be worth an estimated £468,070.

This is based on house price inflation of 15.9%, between October 2017 and April 2026, 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 15.9% inflationary increase is applied to the most recent sale price for 7 DANVERS DRIVE of £404,000 on 16th October 2017. For the value to have increased from £404,000 to £468,070 over the nine years and six months to April 2026, the following assumptions must hold true:

• The value of 7 DANVERS DRIVE has moved in line with the HPI for detached houses in the Luton local authority area.
• The October 2017 sale price of £404,000 represented a fair market value for the property.
• The size, condition, and specification of 7 DANVERS DRIVE has not materially changed since October 2017.

How Large is 7 DANVERS DRIVE?

7 DANVERS DRIVE is 107m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% 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 7 DANVERS DRIVE lies on this distribution: 48% of detached houses houses are smaller than 7 DANVERS DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Luton.

7 DANVERS DRIVE: Plot and Title Map

7 DANVERS DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 7 DANVERS 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 7 DANVERS 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 7 DANVERS DRIVE?

7 DANVERS DRIVE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 7 on DANVERS DRIVE.