38, BROADACRES, LUTON, LU2 7YF - £415,000

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.

38 BROADACRES is a midsized extended detached house of 114m², built sometime between 1991 and 1995, which could now be worth an estimated £483,104. It was last sold for £415,000 in February 2021, which was around 2% above the average February 2021 detached price in the Luton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

38 BROADACRES Sold Prices

Land registry data shows one sale for 38 BROADACRES 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
2021 19 FEB	£415,000	£405,877	2% above HPI

What might 38 BROADACRES be worth now?

38 BROADACRES might now be worth an estimated £483,104.

This is based on house price inflation of 16.4%, between February 2021 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 16.4% inflationary increase is applied to the most recent sale price for 38 BROADACRES of £415,000 on 19th February 2021. For the value to have increased from £415,000 to £483,104 over the four years and ten months to April 2026, the following assumptions must hold true:

• The value of 38 BROADACRES has moved in line with the HPI for detached houses in the Luton local authority area.
• The February 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 38 BROADACRES has not materially changed since February 2021.

How Large is 38 BROADACRES?

38 BROADACRES is 114m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 38 BROADACRES lies on this distribution: 56% of detached houses are smaller than 38 BROADACRES, and 42% of detached houses are larger. Note that EPC data is not available for all properties in Luton.

38 BROADACRES: Plot

38 BROADACRES sits on a plot of roughly 0.084 of an acre, or 340m².

Where is 38 BROADACRES?

38 BROADACRES is located in LUTON, in the LU2 postcode district.