12, GREENRIGGS, LUTON, LU2 9TQ - £402,500

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

12 GREENRIGGS is a very large extended detached house of 160m², built sometime between 1950 and 1966. It was last sold for £402,500 in June 2019, which was around 2% above the average June 2019 detached price in the Luton local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

12 GREENRIGGS Sold Prices

Land registry data shows three sales for 12 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. All of the three 12 GREENRIGGS 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
2019 7 JUN	£402,500	£393,575	2% above HPI
2005 20 APR	£250,000	£231,118	8% above HPI
1998 27 FEB	£115,000	£87,112	32% above HPI

12 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 12 GREENRIGGS sales between February 1998 and June 2019 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 April 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 12 GREENRIGGS?

12 GREENRIGGS is 160m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 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 12 GREENRIGGS lies on this distribution: 88% of detached houses are smaller than 12 GREENRIGGS, and 12% of houses are larger. Note that EPC data is not available for all properties in Luton.

12 GREENRIGGS: Plot and Title Map

12 GREENRIGGS sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 12 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 12 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 12 GREENRIGGS?

12 GREENRIGGS is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 12 on GREENRIGGS.