2 Folly Lane, Caddington, Luton, LU1 4AQ

2 Folly Lane is a four-bedroom detached house in Caddington, Luton, Luton (LU1 4AQ). It has a recorded floor area of 147 m² (around 1582 sq ft), construction records dating it to 1976-1982 and council tax band F. The latest certificate (March 2016) shows an E (score 52), well below the UK norm with real room to improve. The recommended improvements would lift it to C (score 79), a 2-band jump. The latest certificate is from March 2016, so improvements made since then won't be reflected. Our model identifies extension potential, subject to local planning policy. The home occupies a corner plot.

It hasn't traded since August 2003, a hold of 23 years that's notably long for the area. Across 1999–2003, sale prices on this property compounded at 28.6% per year. Today's modelled estimate of £515,000 sits 114.6% above the 2003 sale of £240,000. On a £-per-square-foot basis, the last sale (£152/sq ft) was about 24.5% below the postcode norm. 4 planning records sit against the property, 3 approved, 1 refused. Past consents include an extension, meaningful when judging how the property has evolved. At 147 m² it's 29.2% larger than the typical home in the postcode (114 m² median across 11 EPCs).