2, SHERBORNE AVENUE, LUTON, LU2 7BB - £385,000

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 SHERBORNE AVENUE is a very large extended detached house of 141m², built sometime between 1950 and 1966, which could now be worth an estimated £686,372. It was last sold for £385,000 in May 2014, which was around 46% above the average May 2014 detached price in the Luton local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

2 SHERBORNE AVENUE Sold Prices

Land registry data shows one sale for 2 SHERBORNE AVENUE 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
2014 29 MAY	£385,000	£263,454	46% above HPI

What might 2 SHERBORNE AVENUE be worth now?

2 SHERBORNE AVENUE might now be worth an estimated £686,372.

This is based on house price inflation of 78.3%, between May 2014 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 78.3% inflationary increase is applied to the most recent sale price for 2 SHERBORNE AVENUE of £385,000 on 29th May 2014. For the value to have increased from £385,000 to £686,372 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 2 SHERBORNE AVENUE has moved in line with the HPI for detached houses in the Luton local authority area.
• The May 2014 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHERBORNE AVENUE has not materially changed since May 2014.

How Large is 2 SHERBORNE AVENUE?

2 SHERBORNE AVENUE is 141m², which includes one extension, according to the EPC inspection conducted in September 2013. 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 2 SHERBORNE AVENUE lies on this distribution: 80% of detached houses are smaller than 2 SHERBORNE AVENUE, and 19% of detached houses are larger. Note that EPC data is not available for all properties in Luton.

2 SHERBORNE AVENUE: Plot

2 SHERBORNE AVENUE sits on a plot of roughly 0.114 of an acre, or 462m².

Where is 2 SHERBORNE AVENUE?

2 SHERBORNE AVENUE is located in LUTON, in the LU2 postcode district.