10, GREENRIGGS, LUTON, LU2 9TQ - £382,000

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

10 GREENRIGGS is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £382,000 in March 2021, which was around 6% below the average March 2021 detached price in the Luton local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

10 GREENRIGGS Sold Prices

Land registry data shows three sales for 10 GREENRIGGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Two of the three 10 GREENRIGGS sales were for below the average price, whilst one 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
2021 19 MAR	£382,000	£404,570	6% below HPI
2014 21 MAR	£248,000	£258,459	4% below HPI
1996 10 MAY	£87,500	£70,860	23% above HPI

10 GREENRIGGS 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 three 10 GREENRIGGS sales between May 1996 and March 2021 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 March 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 10 GREENRIGGS?

10 GREENRIGGS is 82m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 10 GREENRIGGS lies on this distribution: 16% of detached houses are smaller than 10 GREENRIGGS, and 83% of houses are larger. Note that EPC data is not available for all properties in Luton.

10 GREENRIGGS: Plot and Title Map

10 GREENRIGGS sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 10 GREENRIGGS, 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 10 GREENRIGGS). 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 10 GREENRIGGS?

10 GREENRIGGS is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 10 on GREENRIGGS.