27 Springfield Road, Luton, LU3 2HF is a leasehold flat built between 1976-1982. The property offers approximately 484 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £132,488 , which equates to approximately £274 per square foot. It was last sold on 12 Oct 2012 for £77,800. Since then, the value has increased by £54,688, representing a 70.3% increase, or approximately 5.3% per year.

The current estimated value of £132,488 is:

  • 49.4% lower than the average property price on Springfield Road
  • 47.3% lower than the average in the LU3 2HF postcode area
  • and 59.3% lower than the average price for Luton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 19 May 2022, the property was recorded as rented.

View sold house prices in LU3 2HF

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£132,488
Price Per sq ft (estimate)
£274
Bedroom Count (estimate)
1 bedroom

EPC Summary

27 Springfield Road, Luton, LU3 2HF has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 May 2022.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Jul 2012, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 19.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, 50mm loft insulation to pitched, 50 mm loft insulation, with no change in energy efficiency (poor).
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to timber frame, as built, insulated (assumed), improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to LU3 2HF

45 th / 46
Price Rank
47% lower than average
32 nd / 43
Size Rank
21% smaller than average
42 nd / 43
Price Per Sq FT Rank
33% lower than average

Compared to other properties in LU3 2HF , this flat's estimated value ranks 45th out of 46. Based on price per square foot, it ranks 42th out of 43 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 32th out of 43 properties in its postcode area.

Sale History

Today
£132,488
streetscan.co.uk estimate
+70 %
12 Oct 2012
£77,800
Leasehold
+58.8 %
31 May 2001
£49,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 463 sq ft
sale price: £128,000
sale date: 30 Apr 2021
rooms: 2
size: 452 sq ft
sale price: £60,000
sale date: 16 May 2002

Data Sources

The property at 27 Springfield Road, Luton, LU3 2HF appears two times in the Land Registry records, with the latest transaction recorded on 12 Oct 2012. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 19 May 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.