Sold STC Detached

38 SELSEY DRIVE

LUTON, LUTON LU2 8HZ

3 beds 2 baths 1,163 sq ft Listed 1 Aug 2024 (-676d)

£450,000

Save

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14 Photo 15 Photo 16 Photo 17 Photo 18 Photo 19 Photo 20 Photo 21 Photo 22 Photo 23 Photo 24 Photo 25 Photo 26 Photo 27

/ 27

Property details

Tenure

FREEHOLD

Floor area

108 m²

Council tax band

E

EPC rating

D

Last sold

£445,000 Jan 2025

Price per m²

£4,167/m²

Local average

£538,575 (-16.4%)

Deprivation

Decile 8 (26,651 of 33,755)

Street crime

131 incidents within 1 mile (Mar 2026)

Key features

  • INDIGO RESIDENTIAL
  • Stunning Condition
  • Extended
  • Excellent School Catchment
  • Very Sought After Location
  • Large Bedrooms
  • Re-fitted Kitchen
  • Minutes From Miles of Countryside

Additional details

Parking
Yes
Garden
Yes

Description

*STUNNING FAMILY HOME IN A GREAT AREA WITH LARGE BEDROOMS*

INDIGO RESIDENTIAL are proud to present to the market this IMMACULATE EXTENDED THREE BEDROOM DETACHED family home located in the very popular PUTTERIDGE area of Luton.

DESCRIPTION:

The accommodation is delightfully presented and modernised throughout and offers extended living space. To the ground floor and upon entrance is a convenient entrance porch providing access to both the guest cloakroom (doubling up as a utility room) and the further ground floor living areas. There is a private and spacious lounge to the front aspect. The dining room opens neatly to the conservatory and this allows for such great family space. The kitchen is modern and high gloss with curved corner feature units. There is an integrated dishwasher and space for an American style fridge freezer. Through the side door there is a further lobby area with access to both the front and to the rear garden. Another convenient addition.
On the first floor there are two large double bedrooms both of which have double glazed windows and fitted carpets. Bedroom three is a smaller double with views over miles of countryside. The large family bathroom has been completely re fitted,comprising of a four piece white suite with shower cubicle, bath and w/c.

Externally too there has been no expense spared by the current owner. The front garden is laid to lawn with re laid path areas to the front door. An artificial lawn has been laid to the rear offering a low maintenance garden. There are double gates giving access to a driveway and an oversized integral garage providing private secure parking which could be converted into more living space.

Selsey Drive is located on the outer skirts of Luton and not far from the Hertfordshire border. There are extremely popular schools within a short walk as well as picturesque rural countryside close by offering fantastic walks for all the family.

EPC RATING - D
COUNCIL TAX BAND - E

Listed by

Stopsley

Indigo Residential

Reference: 150890528

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 03/05/2023

Current heating cost: £1,974/year

Potential heating cost: £1,867/year

Est. upgrade cost to C: £14,500

Recommendations

  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #7111789

Property Details

Street: 38 Selsey Drive

Town: LUTON

Postcode: LU2 8HZ

Installation Details

Items: 1 window

Certificate Issued: 25/01/2010

Work Completed: 20/10/2009

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

85% since 2011

Event Date Price % change
Sold 10/01/2025 (1 year ago) £445,000 +39.1%
Sold 30/06/2021 (4 years ago) £320,000 +33.3%
Sold 04/11/2011 (14 years ago) £240,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
9 MIDDLETON ROAD, LUTON, LU2 8HY £440,000 10/10/2023 Detached
Same street 6 SELSEY DRIVE, LUTON, LU2 8HZ £415,000 05/10/2023 Detached
6 MIDDLETON ROAD, LUTON, LU2 8HY £410,000 09/12/2022 Detached
22 BIRLING DRIVE, LUTON, LU2 8JA £234,000 10/12/2021 Detached
3 SALTDEAN CLOSE, LUTON, LU2 8QN £241,580 10/09/2021 Detached
4 AMBERLEY CLOSE, LUTON, LU2 8HX £345,000 27/08/2021 Detached
8 PEVENSEY CLOSE, LUTON, LU2 8HU £395,000 11/06/2021 Detached

Street average: £415,000 (1 sale)

Area average: £344,263 (6 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 26.2%
10y growth 43.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Luton. Series: Detached. As of March 2026.

1y (index) -1.3%
5y (index) 14.9%
10y (index) 31.3%

Rental Range

Estimated market rent for Luton. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,093/mo
Realistic £1,214/mo
Optimistic £1,335/mo

Based on Local Authority from postcode lookup → Luton.

LHA (30th percentile) floor for Luton: £1,097/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Jassi Beauty 0.2 miles
Shop PJS Domestics 0.2 miles
Bus stop Roedean Close 0.2 miles
Bus stop Putteridge Primary School 0.2 miles
Train station Central Terminal 1.7 miles
Train station Luton 2.0 miles
University University Of Bedfordshire 2.1 miles
Hospital Spire Hospital 5.2 miles
Hospital Harpenden Memorial Hospital 5.9 miles

Street-level crime

Category Count
Violence and sexual offences 42
Anti-social behaviour 32
Vehicle crime 13
Criminal damage and arson 9
Other theft 7
Drugs 6
Other crime 6
Public order 5
Burglary 3
Possession of weapons 3
Robbery 2
Shoplifting 2
Bicycle theft 1
Total incidents 131

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Putteridge High School Secondary 0.3 miles Good — 15 Jul 2019
Putteridge Primary School Primary 0.3 miles Good — 15 Jun 2015
Someries Infant School and Early Childhood Education Centre Primary 0.5 miles Outstanding — 30 Mar 2017
Someries Junior School Primary 0.5 miles (Inspected (no overall grade))
Cockernhoe Endowed CofE Primary School Primary 0.6 miles Requires improvement — 3 Jul 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Terraced House, Handcross Road, LU2 £1,570/mo 3 0.57 miles OpenRent

Average rent: £1,570/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.35%
Max investor price (0.8%) £196,250
Target investor price (1%) £157,000
Gross yield 4.2%
Cost-to-rent ratio 23.9×
Monthly cashflow £-384/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -3.5%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).