12, CHARTWELL DRIVE, LUTON, LU2 7JD - £350,000

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.

12 CHARTWELL DRIVE is a very large detached house of 146m², built sometime between 1967 and 1975, which could now be worth an estimated £704,200. It was last sold for £350,000 in February 2011, which was around 49% above the average February 2011 detached price in the Luton local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was C.

12 CHARTWELL DRIVE Sold Prices

Land registry data shows one sale for 12 CHARTWELL DRIVE 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
2011 4 FEB	£350,000	£234,833	49% above HPI

What might 12 CHARTWELL DRIVE be worth now?

12 CHARTWELL DRIVE might now be worth an estimated £704,200.

This is based on house price inflation of 101.2%, between February 2011 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 101.2% inflationary increase is applied to the most recent sale price for 12 CHARTWELL DRIVE of £350,000 on 4th February 2011. For the value to have increased from £350,000 to £704,200 over the fourteen years and ten months to April 2026, the following assumptions must hold true:

• The value of 12 CHARTWELL DRIVE has moved in line with the HPI for detached houses in the Luton local authority area.
• The February 2011 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CHARTWELL DRIVE has not materially changed since February 2011.

How Large is 12 CHARTWELL DRIVE?

12 CHARTWELL DRIVE is 146m² according to the EPC inspection conducted in September 2010. This puts it in the largest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 12 CHARTWELL DRIVE lies on this distribution: 83% of detached houses are smaller than 12 CHARTWELL DRIVE, and 17% of detached houses are larger. Note that EPC data is not available for all properties in Luton.

12 CHARTWELL DRIVE: Plot

12 CHARTWELL DRIVE sits on a plot of roughly 0.202 of an acre, or 819m².

Where is 12 CHARTWELL DRIVE?

12 CHARTWELL DRIVE is located in LUTON, in the LU2 postcode district.