2, GREENRIGGS, LUTON, LU2 9TQ - £288,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 GREENRIGGS is a very small semi-detached house of 64m², built sometime between 1991 and 1995. It was last sold for £288,000 in December 2020, which was around 31% below the average December 2020 detached price in the Luton local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

2 GREENRIGGS Sold Prices

Land registry data shows two sales for 2 GREENRIGGS 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 2 GREENRIGGS 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
2020 8 DEC	£288,000	£414,459	31% below HPI
1996 29 MAR	£64,995	£72,012	10% below HPI

2 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 two 2 GREENRIGGS sales from March 1996 and December 2020 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 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 GREENRIGGS?

2 GREENRIGGS is 64m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 2 GREENRIGGS lies on this distribution: 3% of detached houses are smaller than 2 GREENRIGGS, and 96% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 GREENRIGGS: Plot and Title Map

2 GREENRIGGS sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 2 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 2 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 2 GREENRIGGS?

2 GREENRIGGS is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 2 on GREENRIGGS.