5, WHEATFIELD ROAD, LUTON, LU4 0TP - £245,000

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.

5 WHEATFIELD ROAD is a midsized semi-detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £289,105. It was last sold for £245,000 in January 2021, which was around 12% below the average January 2021 semi-detached price in the Luton local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

5 WHEATFIELD ROAD Sold Prices

Land registry data shows one sale for 5 WHEATFIELD ROAD 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
2021 22 JAN	£245,000	£278,004	12% below HPI

What might 5 WHEATFIELD ROAD be worth now?

5 WHEATFIELD ROAD might now be worth an estimated £289,105.

This is based on house price inflation of 18%, between January 2021 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% inflationary increase is applied to the most recent sale price for 5 WHEATFIELD ROAD of £245,000 on 22nd January 2021. For the value to have increased from £245,000 to £289,105 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of 5 WHEATFIELD ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The January 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WHEATFIELD ROAD has not materially changed since January 2021.

How Large is 5 WHEATFIELD ROAD?

5 WHEATFIELD ROAD is 84m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% 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 5 WHEATFIELD ROAD lies on this distribution: 47% of semi-detached houses are smaller than 5 WHEATFIELD ROAD, and 50% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

5 WHEATFIELD ROAD: Plot

5 WHEATFIELD ROAD sits on a plot of roughly 0.049 of an acre, or 200m².

Where is 5 WHEATFIELD ROAD?

5 WHEATFIELD ROAD is located in LUTON, in the LU4 postcode district.