1, RYECROFT WAY, LUTON, LU2 7TU - £445,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 RYECROFT WAY is a large extended detached house of 134m², built sometime between 1950 and 1966. It was last sold for £445,000 in May 2024, which was around 2% below the average May 2024 detached price in the Luton local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

1 RYECROFT WAY Sold Prices

Land registry data shows two sales for 1 RYECROFT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. One of the two 1 RYECROFT WAY sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 24 MAY	£445,000	£455,490	2% below HPI
2013 19 FEB	£270,000	£246,620	9% above HPI

1 RYECROFT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The two 1 RYECROFT WAY sales from February 2013 and May 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2024 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 1 RYECROFT WAY?

1 RYECROFT WAY is 134m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 1 RYECROFT WAY lies on this distribution: 76% of detached houses are smaller than 1 RYECROFT WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 RYECROFT WAY: Plot and Title Map

1 RYECROFT WAY sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 1 RYECROFT WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 RYECROFT WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 RYECROFT WAY?

1 RYECROFT WAY is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 1 on RYECROFT WAY.