11, SPRINGFIELD ROAD, LUTON, LU3 2HF - £295,000

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.

11 SPRINGFIELD ROAD is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £296,467. It was last sold for £295,000 in January 2023, which was around 12% above the average January 2023 terraced price in the Luton local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

11 SPRINGFIELD ROAD Sold Prices

Land registry data shows one sale for 11 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2023 13 JAN	£295,000	£264,214	12% above HPI

What might 11 SPRINGFIELD ROAD be worth now?

11 SPRINGFIELD ROAD might now be worth an estimated £296,467.

This is based on house price inflation of 0.5%, between January 2023 and July 2026, for terraced 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 0.5% inflationary increase is applied to the most recent sale price for 11 SPRINGFIELD ROAD of £295,000 on 13th January 2023. For the value to have increased from £295,000 to £296,467 over the two years and six months to July 2026, the following assumptions must hold true:

• The value of 11 SPRINGFIELD ROAD has moved in line with the HPI for terraced houses in the Luton local authority area.
• The January 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SPRINGFIELD ROAD has not materially changed since January 2023.

How Large is 11 SPRINGFIELD ROAD?

11 SPRINGFIELD ROAD is 55m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of terraced houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses by size in Luton, and where 11 SPRINGFIELD ROAD lies on this distribution: 12% of terraced houses are smaller than 11 SPRINGFIELD ROAD, and 87% of terraced houses are larger. Note that EPC data is not available for all properties in Luton.

11 SPRINGFIELD ROAD: Plot

11 SPRINGFIELD ROAD sits on a plot of roughly 0.052 of an acre, or 209m².

Where is 11 SPRINGFIELD ROAD?

11 SPRINGFIELD ROAD is located in LUTON, in the LU3 postcode district.