9, NEEDHAM ROAD, LUTON, LU4 9HD - £435,000

9 NEEDHAM ROAD is a midsized extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £435,000 in October 2022, which was around 11% below the average October 2022 detached price in the Luton local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

9 NEEDHAM ROAD Sold Prices

Land registry data shows two sales for 9 NEEDHAM ROAD 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. Both of the two 9 NEEDHAM ROAD sales were for below 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 7 OCT	£435,000	£486,823	11% below HPI
2018 15 AUG	£347,000	£406,977	15% below HPI

9 NEEDHAM ROAD 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 9 NEEDHAM ROAD sales from August 2018 and October 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 August 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 9 NEEDHAM ROAD?

9 NEEDHAM ROAD is 107m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 9 NEEDHAM ROAD lies on this distribution: 49% of detached houses are smaller than 9 NEEDHAM ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Luton.

9 NEEDHAM ROAD: Plot and Title Map

9 NEEDHAM ROAD sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 9 NEEDHAM ROAD, 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 9 NEEDHAM ROAD). 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 9 NEEDHAM ROAD?

9 NEEDHAM ROAD is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 9 on NEEDHAM ROAD.