FLAT 8, 41, STUDLEY ROAD, LUTON, LU3 1BB - £73,000

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 8 41 STUDLEY ROAD is a midsized flat of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £117,716. It was last sold for £73,000 in April 2004, which was around 26% below the average April 2004 flat price in the Luton local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

FLAT 8 41 STUDLEY ROAD Sold Prices

Land registry data shows two sales for FLAT 8 41 STUDLEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Luton local authority area for the corresponding sale date. Both of the two FLAT 8 41 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
2004 16 APR	£73,000	£98,597	26% below HPI
2001 31 AUG	£45,000	£57,377	22% below HPI

What might FLAT 8 41 STUDLEY ROAD be worth now?

FLAT 8 41 STUDLEY ROAD might now be worth an estimated £117,716.

This is based on house price inflation of 61.3%, between April 2004 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 61.3% inflationary increase is applied to the most recent sale price for FLAT 8 41 STUDLEY ROAD of £73,000 on 16th April 2004. For the value to have increased from £73,000 to £117,716 over the 22 years to April 2026, the following assumptions must hold true:

• The value of FLAT 8 41 STUDLEY ROAD has moved in line with the HPI for flats in the Luton local authority area.
• The April 2004 sale price of £73,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 8 41 STUDLEY ROAD has not materially changed since April 2004.

How Large is FLAT 8 41 STUDLEY ROAD?

FLAT 8 41 STUDLEY ROAD is 48m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% of flats in Luton, based on EPC data. 42% of flats are smaller than FLAT 8 41 STUDLEY ROAD, and 55% of flats are larger. Note that EPC data is not available for all properties in Luton.

FLAT 8 41 STUDLEY ROAD: Plot

FLAT 8 41 STUDLEY ROAD sits on a plot of roughly 0.180 of an acre, or 728m².

Where is FLAT 8 41 STUDLEY ROAD?

FLAT 8, 41 STUDLEY ROAD is located in LUTON, in the LU3 postcode district.