FLAT 2, 39, STUDLEY ROAD, LUTON, LU3 1BB - £145,000

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.

FLAT 2 39 STUDLEY ROAD is a very small extended flat of 38m², built sometime between 1900 and 1929, which could now be worth an estimated £141,344. It was last sold for £145,000 in October 2017, which was around 11% below the average October 2017 flat price in the Luton local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

FLAT 2 39 STUDLEY ROAD Sold Prices

Land registry data shows six sales for FLAT 2 39 STUDLEY ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Luton local authority area for the corresponding sale date. All of the six FLAT 2 39 STUDLEY ROAD sales were for below 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
2017 20 OCT	£145,000	£163,105	11% below HPI
2007 6 JUL	£72,500	£119,287	39% below HPI
1998 12 NOV	£15,000	£35,905	58% below HPI
1998 10 FEB	£14,500	£34,024	57% below HPI
1996 30 SEP	£13,000	£30,357	57% below HPI
1995 28 SEP	£11,500	£31,312	63% below HPI

What might FLAT 2 39 STUDLEY ROAD be worth now?

FLAT 2 39 STUDLEY ROAD might now be worth an estimated £141,344.

This is based on house price deflation of 2.5%, between October 2017 and April 2026, for flats, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% deflationary decrease is applied to the most recent sale price for FLAT 2 39 STUDLEY ROAD of £145,000 on 20th October 2017. For the value to have decreased from £145,000 to £141,344 over the nine years and six months to April 2026, the following assumptions must hold true:

• The value of FLAT 2 39 STUDLEY ROAD has moved in line with the HPI for flats in the Luton local authority area.
• The October 2017 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 39 STUDLEY ROAD has not materially changed since October 2017.

How Large is FLAT 2 39 STUDLEY ROAD?

FLAT 2 39 STUDLEY ROAD is 38m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of flats in Luton, based on EPC data. 16% of flats are smaller than FLAT 2 39 STUDLEY ROAD, and 81% of flats are larger. Note that EPC data is not available for all properties in Luton.

FLAT 2 39 STUDLEY ROAD: Plot

FLAT 2 39 STUDLEY ROAD sits on a plot of roughly 0.133 of an acre, or 540m².

Where is FLAT 2 39 STUDLEY ROAD?

FLAT 2, 39 STUDLEY ROAD is located in LUTON, in the LU3 postcode district.