8, POLEGATE, LUTON, LU2 8AJ - £118,000

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.

8 POLEGATE is a detached house, which could now be worth an estimated £565,815. It was last sold for £118,000 in April 1999, which was around 20% above the average April 1999 detached price in the Luton local authority area.

8 POLEGATE Sold Prices

Land registry data shows two sales for 8 POLEGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 8 POLEGATE sales were 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
1999 28 APR	£118,000	£98,536	20% above HPI
1995 10 NOV	£94,000	£74,263	27% above HPI

What might 8 POLEGATE be worth now?

8 POLEGATE might now be worth an estimated £565,815.

This is based on house price inflation of 379.5%, between April 1999 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 379.5% inflationary increase is applied to the most recent sale price for 8 POLEGATE of £118,000 on 28th April 1999. For the value to have increased from £118,000 to £565,815 over the 27 years to April 2026, the following assumptions must hold true:

• The value of 8 POLEGATE has moved in line with the HPI for detached houses in the Luton local authority area.
• The April 1999 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 8 POLEGATE has not materially changed since April 1999.

Where is 8 POLEGATE?

8 POLEGATE is located in LUTON, in the LU2 postcode district.