41, BUTELY ROAD, LUTON, LU4 9EW - £120,000

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.

41 BUTELY ROAD is a semi-detached house, which could now be worth an estimated £282,287. It was last sold for £120,000 in May 2003, which was around 14% below the average May 2003 semi-detached price in the Luton local authority area.

41 BUTELY ROAD Sold Prices

Land registry data shows three sales for 41 BUTELY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Two of the three 41 BUTELY ROAD sales were for below the average price, whilst one was for above 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
2003 2 MAY	£120,000	£139,454	14% below HPI
2001 9 NOV	£100,000	£96,145	4% above HPI
1998 15 MAY	£48,750	£56,769	14% below HPI

What might 41 BUTELY ROAD be worth now?

41 BUTELY ROAD might now be worth an estimated £282,287.

This is based on house price inflation of 135.2%, between May 2003 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 135.2% inflationary increase is applied to the most recent sale price for 41 BUTELY ROAD of £120,000 on 2nd May 2003. For the value to have increased from £120,000 to £282,287 over the 23 years to May 2026, the following assumptions must hold true:

• The value of 41 BUTELY ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The May 2003 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 41 BUTELY ROAD has not materially changed since May 2003.

Where is 41 BUTELY ROAD?

41 BUTELY ROAD is located in LUTON, in the LU4 postcode district.