1, MOUNTGRACE ROAD, LUTON, LU2 8EW - £495,000

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 MOUNTGRACE ROAD is a very large extended detached house of 221m², built sometime between 1950 and 1966, which could now be worth an estimated £581,018. It was last sold for £495,000 in April 2021, which was around 24% above the average April 2021 detached price in the Luton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

1 MOUNTGRACE ROAD Sold Prices

Land registry data shows one sale for 1 MOUNTGRACE ROAD 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
2021 9 APR	£495,000	£400,147	24% above HPI

What might 1 MOUNTGRACE ROAD be worth now?

1 MOUNTGRACE ROAD might now be worth an estimated £581,018.

This is based on house price inflation of 17.4%, between April 2021 and May 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 MOUNTGRACE ROAD of £495,000 on 9th April 2021. For the value to have increased from £495,000 to £581,018 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of 1 MOUNTGRACE ROAD has moved in line with the HPI for detached houses in the Luton local authority area.
• The April 2021 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MOUNTGRACE ROAD has not materially changed since April 2021.

How Large is 1 MOUNTGRACE ROAD?

1 MOUNTGRACE ROAD is 221m², which includes four extensions, according to the EPC inspection conducted in July 2020. 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 1 MOUNTGRACE ROAD lies on this distribution: 97% of detached houses are smaller than 1 MOUNTGRACE ROAD, and 3% of detached houses are larger. Note that EPC data is not available for all properties in Luton.

1 MOUNTGRACE ROAD: Plot

1 MOUNTGRACE ROAD sits on a plot of roughly 0.146 of an acre, or 592m².

Where is 1 MOUNTGRACE ROAD?

1 MOUNTGRACE ROAD is located in LUTON, in the LU2 postcode district.