18, RAVENHILL WAY, LUTON, LU4 0XU - £169,995

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

18 RAVENHILL WAY is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £169,995 in February 2006, which was around 26% below the average February 2006 detached price in the Luton local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

18 RAVENHILL WAY Sold Prices

Land registry data shows two sales for 18 RAVENHILL 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. Both of the two 18 RAVENHILL WAY 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
2006 10 FEB	£169,995	£230,088	26% below HPI
2001 15 FEB	£100,000	£137,249	27% below HPI

18 RAVENHILL 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 18 RAVENHILL WAY sales from February 2001 and February 2006 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 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2006 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 18 RAVENHILL WAY?

18 RAVENHILL WAY is 77m² according to the EPC inspection conducted in May 2024. 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 18 RAVENHILL WAY lies on this distribution: 11% of detached houses are smaller than 18 RAVENHILL WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Luton.

18 RAVENHILL WAY: Plot and Title Map

18 RAVENHILL WAY sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 18 RAVENHILL 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 18 RAVENHILL 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 18 RAVENHILL WAY?

18 RAVENHILL WAY is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 18 on RAVENHILL WAY.