8, PARKLAND DRIVE, LUTON, LU1 3SU - £402,500

8 PARKLAND DRIVE is a very large detached house of 187m², built sometime between 1983 and 1990. It was last sold for £402,500 in October 2010, which was around 66% above the average October 2010 detached price in the Luton local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

8 PARKLAND DRIVE Sold Prices

Land registry data shows three sales for 8 PARKLAND DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. The three 8 PARKLAND DRIVE sales were a mix of above the average price, and roughly equal to 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
2010 15 OCT	£402,500	£243,067	66% above HPI
2002 3 SEP	£185,000	£185,318	Close to HPI
1997 27 NOV	£115,500	£86,681	33% above HPI

8 PARKLAND 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 three 8 PARKLAND DRIVE sales between November 1997 and October 2010 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 September 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2010 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 8 PARKLAND DRIVE?

8 PARKLAND DRIVE is 187m² according to the EPC inspection conducted in March 2010. This puts it in the largest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 8 PARKLAND DRIVE lies on this distribution: 94% of detached houses are smaller than 8 PARKLAND DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Luton.

8 PARKLAND DRIVE: Plot and Title Map

8 PARKLAND DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 8 PARKLAND 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 8 PARKLAND 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 8 PARKLAND DRIVE?

8 PARKLAND DRIVE is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 8 on PARKLAND DRIVE.