1A, OAK ROAD, LUTON, LU4 8AA - £65,000

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.

1A OAK ROAD is a small flat of 47m², built sometime between 1900 and 1929, which could now be worth an estimated £64,876. It was last sold for £65,000 in September 2021, which was around 59% below the average September 2021 flat price in the Luton local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was D.

1A OAK ROAD Sold Prices

Land registry data shows two sales for 1A OAK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Luton local authority area for the corresponding sale date. Both of the two 1A OAK ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 3 SEP	£65,000	£158,781	59% below HPI
2016 12 MAY	£67,500	£140,935	52% below HPI

What might 1A OAK ROAD be worth now?

1A OAK ROAD might now be worth an estimated £64,876.

This is based on house price deflation of 0.2%, between September 2021 and May 2026, for flats, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.2% deflationary decrease is applied to the most recent sale price for 1A OAK ROAD of £65,000 on 3rd September 2021. For the value to have decreased from £65,000 to £64,876 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 1A OAK ROAD has moved in line with the HPI for flats in the Luton local authority area.
• The September 2021 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 1A OAK ROAD has not materially changed since September 2021.

How Large is 1A OAK ROAD?

1A OAK ROAD is 47m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of flats in Luton, based on EPC data. 38% of flats are smaller than 1A OAK ROAD, and 59% of flats are larger. Note that EPC data is not available for all properties in Luton.

1A OAK ROAD: Plot

1A OAK ROAD sits on a plot of roughly 0.033 of an acre, or 135m².

Where is 1A OAK ROAD?

1A OAK ROAD is located in LUTON, in the LU4 postcode district.