38, CRANBROOK DRIVE, LUTON, LU3 3EW - £307,500

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 CRANBROOK DRIVE is a large extended semi-detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £365,061. It was last sold for £307,500 in February 2018, which was around 11% above the average February 2018 semi-detached price in the Luton local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

38 CRANBROOK DRIVE Sold Prices

Land registry data shows one sale for 38 CRANBROOK DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2018 16 FEB	£307,500	£276,325	11% above HPI

What might 38 CRANBROOK DRIVE be worth now?

38 CRANBROOK DRIVE might now be worth an estimated £365,061.

This is based on house price inflation of 18.7%, between February 2018 and May 2026, for semi-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 18.7% inflationary increase is applied to the most recent sale price for 38 CRANBROOK DRIVE of £307,500 on 16th February 2018. For the value to have increased from £307,500 to £365,061 over the seven years and nine months to May 2026, the following assumptions must hold true:

• The value of 38 CRANBROOK DRIVE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The February 2018 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 38 CRANBROOK DRIVE has not materially changed since February 2018.

How Large is 38 CRANBROOK DRIVE?

38 CRANBROOK DRIVE is 93m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 40% of semi-detached houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Luton, and where 38 CRANBROOK DRIVE lies on this distribution: 67% of semi-detached houses are smaller than 38 CRANBROOK DRIVE, and 31% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

38 CRANBROOK DRIVE: Plot

38 CRANBROOK DRIVE sits on a plot of roughly 0.096 of an acre, or 388m².

Where is 38 CRANBROOK DRIVE?

38 CRANBROOK DRIVE is located in LUTON, in the LU3 postcode district.