27, SPRINGFIELD ROAD, LUTON, LU3 2HF - £77,800

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.

27 SPRINGFIELD ROAD is a small extended flat of 45m², built sometime between 1976 and 1982, which could now be worth an estimated £127,088. It was last sold for £77,800 in October 2012, which was around 20% below the average October 2012 flat price in the Luton local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

27 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 27 SPRINGFIELD 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 27 SPRINGFIELD 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
2012 12 OCT	£77,800	£97,699	20% below HPI
2001 31 MAY	£49,000	£54,904	11% below HPI

What might 27 SPRINGFIELD ROAD be worth now?

27 SPRINGFIELD ROAD might now be worth an estimated £127,088.

This is based on house price inflation of 63.4%, between October 2012 and July 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 63.4% inflationary increase is applied to the most recent sale price for 27 SPRINGFIELD ROAD of £77,800 on 12th October 2012. For the value to have increased from £77,800 to £127,088 over the fourteen years and three months to July 2026, the following assumptions must hold true:

• The value of 27 SPRINGFIELD ROAD has moved in line with the HPI for flats in the Luton local authority area.
• The October 2012 sale price of £77,800 represented a fair market value for the property.
• The size, condition, and specification of 27 SPRINGFIELD ROAD has not materially changed since October 2012.

How Large is 27 SPRINGFIELD ROAD?

27 SPRINGFIELD ROAD is 45m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of flats in Luton, based on EPC data. 33% of flats are smaller than 27 SPRINGFIELD ROAD, and 65% of flats are larger. Note that EPC data is not available for all properties in Luton.

27 SPRINGFIELD ROAD: Plot

27 SPRINGFIELD ROAD sits on a plot of roughly 4.3 acres, or 17,502m².

Where is 27 SPRINGFIELD ROAD?

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