Millfield Lane - LU1 4AR
Key Street Insights
Millfield Lane is a residential street with 9 addresses.
It ranks as the 75th largest and 367th most expensive of the 374 streets in the LU1 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 9 properties: 7 houses and 2 other properties.
- Ave. Sale Price
- £819,384
- 10 Year change
- up 23.5%
- Ave. Rental Price
- £3,135pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £452/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Street Insights
Millfield Lane is a residential street with 9 addresses.
It ranks as the 75th largest and 367th most expensive of the 374 streets in the LU1 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 9 properties: 7 houses and 2 other properties.
- Ave. Sale Price
- £819,384
- 10 Year change
- up 23.5%
- Ave. Rental Price
- £3,135pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £452/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Properties on Millfield Lane, Caddington, Luton, LU1
- Bennys Farm
4 Bed Mid-century House
- Cotswolds
5 Bed Mid-century House
- Flint Cottage
House
- Mallards Barn
5 Bed Modern House
- Millfield Farm
5 Bed Mid-century House
Sales Market Trends
The last sale on Millfield Lane sold for £499,950 on 28th November 2022. Since then prices are down an average of 2.1%.
The current average value in the street is £819,384.
The Millfield Lane Sales Market has increased by 23.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £819,384 |
| June 2025 | 1.9% | £836,846 |
| June 2024 | -0.2% | £821,150 |
| June 2023 | -0.5% | £822,954 |
| June 2022 | 9.1% | £826,729 |
| June 2021 | 6.6% | £757,706 |
| June 2020 | 2.5% | £710,634 |
| June 2019 | -3.5% | £693,070 |
| June 2018 | 2.3% | £718,036 |
| June 2017 | 5.8% | £701,693 |
| June 2016 | 19.6% | £663,484 |
| June 2015 | 10.7% | £554,770 |
| June 2014 | 7.3% | £501,180 |
| June 2013 | 4% | £466,936 |
| June 2012 | 1.3% | £449,065 |
| June 2011 | 1.1% | £443,279 |
| June 2010 | 10.8% | £438,375 |
| June 2009 | -13.9% | £395,641 |
| June 2008 | -4% | £459,266 |
| June 2007 | 0% | £478,637 |
Rental Market Trends
The current average rental value in the street is £3,135.
The Millfield Lane Rental Market has increased by 49.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £3,135pcm |
| June 2025 | 2.1% | £3,106pcm |
| June 2024 | 8.5% | £3,042pcm |
| June 2023 | 15% | £2,805pcm |
| June 2022 | 8.4% | £2,439pcm |
| June 2021 | 5.3% | £2,250pcm |
| June 2020 | 0.2% | £2,137pcm |
| June 2019 | 1.3% | £2,132pcm |
| June 2018 | -1.6% | £2,104pcm |
| June 2017 | 2% | £2,138pcm |
| June 2016 | 6.5% | £2,096pcm |
| June 2015 | 8.1% | £1,967pcm |
| June 2014 | 3.9% | £1,821pcm |
| June 2013 | 2% | £1,753pcm |
| June 2012 | 2.7% | £1,719pcm |
| June 2011 | 3.8% | £1,673pcm |
| June 2010 | 7.4% | £1,612pcm |
| June 2009 | -4.8% | £1,501pcm |
| June 2008 | 0.5% | £1,577pcm |
| June 2007 | 0% | £1,570pcm |
Sales History
The last recorded sale was on 28th November 2022 for £499,950 and since then the market in the area has decreased by 2.1%.
Millfield Lane, Caddington, Luton, LU1 has had 3 sales since 1995, none of them in the last three years.
- Sold Nov 2022£499,950 | 3 Bed HouseOld Smithy, Millfield Lane, Luton, LU1 4AROld Smithy, Millfield Lane, Luton, LU1 4AR
- Sold Feb 2020£730,000 | 5 Bed HouseThe Old Granary, Millfield Lane, Luton, LU1 4ARThe Old Granary, Millfield Lane, Luton, LU1 4AR
- Sold Apr 2015£832,500 | 5 Bed HouseMallards Barn, Millfield Lane, Luton, LU1 4ARMallards Barn, Millfield Lane, Luton, LU1 4AR
Top 3 Most Expensive Sales
- Sold Sep 2011£850,000 | 5 Bed HouseMillfield Farm, Millfield Lane, Luton, LU1 4ARMillfield Farm, Millfield Lane, Luton, LU1 4AR
- Sold Apr 2015£832,500 | 5 Bed HouseMallards Barn, Millfield Lane, Luton, LU1 4ARMallards Barn, Millfield Lane, Luton, LU1 4AR
- Sold Aug 2007£745,000 | 5 Bed HouseMallards Barn, Millfield Lane, Luton, LU1 4ARMallards Barn, Millfield Lane, Luton, LU1 4AR
Nearby Streets
Millfield Lane, Caddington, Luton, LU1 is the 75th largest and the 367th most expensive street in the LU1 area.
- Millfield Way, Caddington, Luton, LU131 Addresses|608 m away
- Mardle Close, Caddington, Luton, LU117 Addresses|743 m away
- Crosslands, Caddington, Luton, LU196 Addresses|793 m away
- Mancroft Road, Caddington, Luton, LU186 Addresses|808 m away
- The Glen, Caddington, Luton, LU16 Addresses|839 m away
- Little Green Lane, Caddington, Luton, LU15 Addresses|862 m away
Property Types
- 3 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- modern house (3)
- mid-century house (4)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (6)
- No EPC (2)
Schools Nearby
- Caddington Village School1.6 km away
- Kensworth Church of England Academy1.8 km away
- Markyate Village School and Nursery2.0 km away
- Manshead Church of England Academy2.8 km away
- The Stockwood Park Academy2.8 km away
- Challney High School for Boys4.4 km away
More reading links
Public Transport Nearby
The closest station to Millfield Lane, Caddington, Luton, LU1 - LU1 4AR is Luton station, which is 4.8 kilometres away.
- Luton|4.8 km away
- Luton Airport Parkway|5.4 km away
- Leagrave|5.5 km away
