8, THE MAGPIES, LUTON, LU2 7XT - £246,000

8 THE MAGPIES is a small detached house of 93m², built sometime between 1983 and 1990. It was last sold for £246,000 in April 2007, which was around 3% below the average April 2007 detached price in the Luton local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

8 THE MAGPIES Sold Prices

Land registry data shows three sales for 8 THE MAGPIES 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 THE MAGPIES sales were a mix of below the average price, roughly equal to the average price, and 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
2007 10 APR	£246,000	£254,709	3% below HPI
2001 20 DEC	£154,000	£153,981	Close to HPI
1995 31 MAR	£84,000	£74,423	13% above HPI

8 THE MAGPIES 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 THE MAGPIES sales between March 1995 and April 2007 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 December 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2007 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 8 THE MAGPIES?

8 THE MAGPIES is 93m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% 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 THE MAGPIES lies on this distribution: 30% of detached houses are smaller than 8 THE MAGPIES, and 69% of houses are larger. Note that EPC data is not available for all properties in Luton.

8 THE MAGPIES: Plot and Title Map

8 THE MAGPIES sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 8 THE MAGPIES, 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 THE MAGPIES). 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 THE MAGPIES?

8 THE MAGPIES is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 8 on THE MAGPIES.