10, RIDDY LANE, LUTON, LU3 2AG - £522,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 RIDDY LANE is a large extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £499,496. It was last sold for £522,500 in October 2022, which was around 8% above the average October 2022 detached price in the Luton local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

10 RIDDY LANE Sold Prices

Land registry data shows two sales for 10 RIDDY LANE 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. Both of the two 10 RIDDY LANE sales were 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
2022 4 OCT	£522,500	£482,588	8% above HPI
1997 26 AUG	£115,000	£83,866	37% above HPI

10 RIDDY LANE 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 10 RIDDY LANE sales from August 1997 and October 2022 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 August 1997 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 10 RIDDY LANE be worth now?

10 RIDDY LANE might now be worth an estimated £499,496.

This is based on house price deflation of 4.4%, between October 2022 and February 2025, for detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.4% deflationary decrease is applied to the most recent sale price for 10 RIDDY LANE of £522,500 on 4th October 2022. For the value to have decreased from £522,500 to £499,496 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 10 RIDDY LANE has moved in line with the HPI for detached houses in the Luton local authority area.
• The October 2022 sale price of £522,500 represented a fair market value for the property.
• The size, condition, and specification of 10 RIDDY LANE has not materially changed since October 2022.

How Large is 10 RIDDY LANE?

10 RIDDY LANE is 120m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 40% of detached houses houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 10 RIDDY LANE lies on this distribution: 63% of detached houses houses are smaller than 10 RIDDY LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Luton.

10 RIDDY LANE: Plot and Title Map

10 RIDDY LANE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 10 RIDDY LANE, 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 RIDDY LANE). 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 RIDDY LANE?

10 RIDDY LANE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 10 on RIDDY LANE.