1, BROADACRES, LUTON, LU2 7YF - £356,000

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 BROADACRES is a midsized detached house of 104m², built sometime between 1991 and 1995, which could now be worth an estimated £417,875. It was last sold for £356,000 in April 2018, which was around 12% below the average April 2018 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 C.

1 BROADACRES Sold Prices

Land registry data shows one sale for 1 BROADACRES since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2018 20 APR	£356,000	£402,523	12% below HPI

What might 1 BROADACRES be worth now?

1 BROADACRES might now be worth an estimated £417,875.

This is based on house price inflation of 17.4%, between April 2018 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 17.4% inflationary increase is applied to the most recent sale price for 1 BROADACRES of £356,000 on 20th April 2018. For the value to have increased from £356,000 to £417,875 over the eight years to April 2026, the following assumptions must hold true:

• The value of 1 BROADACRES has moved in line with the HPI for detached houses in the Luton local authority area.
• The April 2018 sale price of £356,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BROADACRES has not materially changed since April 2018.

How Large is 1 BROADACRES?

1 BROADACRES is 104m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 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 1 BROADACRES lies on this distribution: 44% of detached houses are smaller than 1 BROADACRES, and 55% of detached houses are larger. Note that EPC data is not available for all properties in Luton.

1 BROADACRES: Plot

1 BROADACRES sits on a plot of roughly 0.062 of an acre, or 252m².

Where is 1 BROADACRES?

1 BROADACRES is located in LUTON, in the LU2 postcode district.