1, BROAD MEAD, LUTON, LU3 1RX - £240,000

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.

1 BROAD MEAD is a large semi-detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £360,473. It was last sold for £240,000 in September 2015, which was around 10% above the average September 2015 semi-detached price in the Luton local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

1 BROAD MEAD Sold Prices

Land registry data shows one sale for 1 BROAD MEAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 4 SEP	£240,000	£218,413	10% above HPI

What might 1 BROAD MEAD be worth now?

1 BROAD MEAD might now be worth an estimated £360,473.

This is based on house price inflation of 50.2%, between September 2015 and May 2026, for semi-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 50.2% inflationary increase is applied to the most recent sale price for 1 BROAD MEAD of £240,000 on 4th September 2015. For the value to have increased from £240,000 to £360,473 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 1 BROAD MEAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The September 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BROAD MEAD has not materially changed since September 2015.

How Large is 1 BROAD MEAD?

1 BROAD MEAD is 94m² according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of semi-detached houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Luton, and where 1 BROAD MEAD lies on this distribution: 69% of semi-detached houses are smaller than 1 BROAD MEAD, and 30% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

1 BROAD MEAD: Plot

1 BROAD MEAD sits on a plot of roughly 0.064 of an acre, or 261m².

Where is 1 BROAD MEAD?

1 BROAD MEAD is located in LUTON, in the LU3 postcode district.