48 The Magpies, Luton, LU2 7XT is a freehold terraced property built between 1991-1995. The property offers approximately 592 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £289,695 , which equates to approximately £489 per square foot. It was last sold on 24 Mar 1999 for £54,500. Since then, the value has increased by £235,195, representing a 431.6% increase, or approximately 16.1% per year.

The current estimated value of £289,695 is:

  • 31.4% lower than the average property price on The Magpies
  • 27.7% lower than the average in the LU2 7XT postcode area
  • and 11.0% lower than the average price for Luton as a whole

At the most recent EPC inspection on 12 January 2023, the property was recorded as rented.

View sold house prices in LU2 7XT

Building approximate location

About Property

Type
Terraced House
Built
1991-1995
Interior Size
592 sq ft
Tenure
Freehold
Price (estimate)
£289,695
Price Per sq ft (estimate)
£489
Bedroom Count (estimate)
1 bedroom

EPC Summary

48 The Magpies, Luton, LU2 7XT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Jan 2023.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 May 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 18.6%.

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 energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 62% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU2 7XT

35 th / 41
Price Rank
28% lower than average
29 th / 34
Size Rank
35% smaller than average
20 th / 34
Price Per Sq FT Rank
12% higher than average

Compared to other properties in LU2 7XT , this house's estimated value ranks 35th out of 41. Based on price per square foot, it ranks 20th out of 34 properties. In terms of size, this home ranks 29th out of 34 properties in its postcode area.

Sale History

Today
£289,695
streetscan.co.uk estimate
+432 %
24 Mar 1999
£54,500
Leasehold
+29.8 %
31 Jan 1995
£42,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £230,000
sale date: 30 Jun 2021
rooms: 4
size: 667 sq ft
sale price: £265,000
sale date: 10 Jul 2020
rooms: 4
size: 549 sq ft
sale price: £207,500
sale date: 24 May 2019
rooms: 3
size: 581 sq ft
sale price: £185,000
sale date: 19 Dec 2018
rooms: 4
size: 649 sq ft
sale price: £230,000
sale date: 13 Mar 2017

Data Sources

The property at 48 The Magpies, Luton, LU2 7XT appears two times in the Land Registry records, with the latest transaction recorded on 24 Mar 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Jan 2023. 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.


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