88, BUCHANAN DRIVE, LUTON, LU2 0RT - £275,000

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.

88 BUCHANAN DRIVE is a very large extended terraced house of 94m², built sometime between 2007 and 2011, which could now be worth an estimated £373,511. It was last sold for £275,000 in March 2016, which was around 41% above the average March 2016 terraced price in the Luton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

88 BUCHANAN DRIVE Sold Prices

Land registry data shows one sale for 88 BUCHANAN DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2016 30 MAR	£275,000	£194,427	41% above HPI

What might 88 BUCHANAN DRIVE be worth now?

88 BUCHANAN DRIVE might now be worth an estimated £373,511.

This is based on house price inflation of 35.8%, between March 2016 and April 2026, for terraced 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 35.8% inflationary increase is applied to the most recent sale price for 88 BUCHANAN DRIVE of £275,000 on 30th March 2016. For the value to have increased from £275,000 to £373,511 over the nine years and eleven months to April 2026, the following assumptions must hold true:

• The value of 88 BUCHANAN DRIVE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The March 2016 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 88 BUCHANAN DRIVE has not materially changed since March 2016.

How Large is 88 BUCHANAN DRIVE?

88 BUCHANAN DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of terraced houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses by size in Luton, and where 88 BUCHANAN DRIVE lies on this distribution: 82% of terraced houses are smaller than 88 BUCHANAN DRIVE, and 17% of terraced houses are larger. Note that EPC data is not available for all properties in Luton.

88 BUCHANAN DRIVE: Plot

88 BUCHANAN DRIVE sits on a plot of roughly 0.062 of an acre, or 251m².

Where is 88 BUCHANAN DRIVE?

88 BUCHANAN DRIVE is located in LUTON, in the LU2 postcode district.