2, CROMER WAY, LUTON, LU2 7EE - £425,000

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.

2 CROMER WAY is a small extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £435,949. It was last sold for £425,000 in July 2022, which was around 8% below the average July 2022 detached price in the Luton local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

2 CROMER WAY Sold Prices

Land registry data shows one sale for 2 CROMER WAY 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
2022 15 JUL	£425,000	£460,617	8% below HPI

What might 2 CROMER WAY be worth now?

2 CROMER WAY might now be worth an estimated £435,949.

This is based on house price inflation of 2.6%, between July 2022 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 2.6% inflationary increase is applied to the most recent sale price for 2 CROMER WAY of £425,000 on 15th July 2022. For the value to have increased from £425,000 to £435,949 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 2 CROMER WAY has moved in line with the HPI for detached houses in the Luton local authority area.
• The July 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CROMER WAY has not materially changed since July 2022.

How Large is 2 CROMER WAY?

2 CROMER WAY is 96m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 2 CROMER WAY lies on this distribution: 33% of detached houses are smaller than 2 CROMER WAY, and 66% of detached houses are larger. Note that EPC data is not available for all properties in Luton.

2 CROMER WAY: Plot

2 CROMER WAY sits on a plot of roughly 0.065 of an acre, or 264m².

Where is 2 CROMER WAY?

2 CROMER WAY is located in LUTON, in the LU2 postcode district.