12, REEDSDALE, LUTON, LU2 9TG - £400,000

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

12 REEDSDALE is a midsized extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £400,000 in April 2023, which was around 15% below the average April 2023 detached price in the Luton local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

12 REEDSDALE Sold Prices

Land registry data shows two sales for 12 REEDSDALE 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 12 REEDSDALE sales were for below 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
2023 14 APR	£400,000	£472,769	15% below HPI
2004 10 SEP	£215,500	£235,388	8% below HPI

12 REEDSDALE 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 12 REEDSDALE sales from September 2004 and April 2023 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 September 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 12 REEDSDALE?

12 REEDSDALE is 108m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 50% 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 REEDSDALE lies on this distribution: 50% of detached houses are smaller than 12 REEDSDALE, and 49% of houses are larger. Note that EPC data is not available for all properties in Luton.

12 REEDSDALE: Plot and Title Map

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

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