2, GREENSIDE PARK, LUTON, LU2 7JF - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GREENSIDE PARK is a small detached house of 97m², built sometime between 1983 and 1990. It was last sold for £295,000 in May 2015, which was around 1% below the average May 2015 detached price in the Luton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

2 GREENSIDE PARK Sold Prices

Land registry data shows two sales for 2 GREENSIDE PARK 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. One of the two 2 GREENSIDE PARK sales was for below the average price, whilst the other was 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
2015 1 MAY	£295,000	£298,379	1% below HPI
1997 16 MAY	£115,950	£80,086	45% above HPI

2 GREENSIDE PARK 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 GREENSIDE PARK sales from May 1997 and May 2015 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 May 1997 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the May 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 2 GREENSIDE PARK be worth now?

2 GREENSIDE PARK might now be worth an estimated £461,424.

This is based on house price inflation of 56.4%, between May 2015 and December 2024, 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 56.4% inflationary increase is applied to the most recent sale price for 2 GREENSIDE PARK of £295,000 on 1st May 2015. For the value to have increased from £295,000 to £461,424 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 2 GREENSIDE PARK has moved in line with the HPI for detached houses in the Luton local authority area.
• The May 2015 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREENSIDE PARK has not materially changed since May 2015.

How Large is 2 GREENSIDE PARK?

2 GREENSIDE PARK is 97m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 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 2 GREENSIDE PARK lies on this distribution: 35% of detached houses houses are smaller than 2 GREENSIDE PARK, and 64% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 GREENSIDE PARK: Plot and Title Map

2 GREENSIDE PARK sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 2 GREENSIDE PARK, 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 GREENSIDE PARK). 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 GREENSIDE PARK?

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