31, SPRINGFIELD ROAD, LUTON, LU3 2HF - £130,000

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.

31 SPRINGFIELD ROAD is a very small flat of 37m², built sometime between 1983 and 1990, which could now be worth an estimated £139,827. It was last sold for £130,000 in November 2016, which was around 12% below the average November 2016 flat price in the Luton local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

31 SPRINGFIELD ROAD Sold Prices

Land registry data shows one sale for 31 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2016 18 NOV	£130,000	£148,378	12% below HPI

What might 31 SPRINGFIELD ROAD be worth now?

31 SPRINGFIELD ROAD might now be worth an estimated £139,827.

This is based on house price inflation of 7.6%, between November 2016 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 7.6% inflationary increase is applied to the most recent sale price for 31 SPRINGFIELD ROAD of £130,000 on 18th November 2016. For the value to have increased from £130,000 to £139,827 over the ten years and four months to July 2026, the following assumptions must hold true:

• The value of 31 SPRINGFIELD ROAD has moved in line with the HPI for flats in the Luton local authority area.
• The November 2016 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SPRINGFIELD ROAD has not materially changed since November 2016.

How Large is 31 SPRINGFIELD ROAD?

31 SPRINGFIELD ROAD is 37m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 20% of flats in Luton, based on EPC data. 14% of flats are smaller than 31 SPRINGFIELD ROAD, and 84% of flats are larger. Note that EPC data is not available for all properties in Luton.

31 SPRINGFIELD ROAD: Plot

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

Where is 31 SPRINGFIELD ROAD?

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