40 The Larches, Luton, LU2 7PX is a leasehold flat built between 1950-1966. The property offers approximately 678 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £179,768 , which equates to approximately £265 per square foot. It was last sold on 3 Jul 1996 for £33,000. Since then, the value has increased by £146,768, representing a 444.8% increase, or approximately 15.1% per year.

The current estimated value of £179,768 is:

  • 6.7% lower than the average property price on The Larches
  • 2.7% lower than the average in the LU2 7PX postcode area
  • and 44.8% 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 20 April 2024, the property was recorded as rented.

View sold house prices in LU2 7PX

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£179,768
Price Per sq ft (estimate)
£265
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 The Larches, Luton, LU2 7PX has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 20 Apr 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Feb 2014, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 15.7%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU2 7PX

52 nd / 62
Price Rank
3% lower than average
19 th / 61
Size Rank
2% bigger than average
56 th / 61
Price Per Sq FT Rank
5% lower than average

Compared to other properties in LU2 7PX , this flat's estimated value ranks 52th out of 62. Based on price per square foot, it ranks 56th out of 61 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 19th out of 61 properties in its postcode area.

Sale History

Today
£179,768
streetscan.co.uk estimate
+445 %
3 Jul 1996
£33,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 581 sq ft
sale price: £190,000
sale date: 4 Oct 2024
rooms: 3
size: 700 sq ft
sale price: £212,500
sale date: 24 Jun 2024
rooms: 3
size: 667 sq ft
sale price: £175,000
sale date: 12 Feb 2024
rooms: 3
size: 667 sq ft
sale price: £200,000
sale date: 1 Feb 2023
rooms: 3
size: 700 sq ft
sale price: £200,000
sale date: 27 Jan 2023

Data Sources

The property at 40 The Larches, Luton, LU2 7PX appears once in the Land Registry records, with the transaction recorded on 3 Jul 1996. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Apr 2024. 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.