2, LIGHTHORNE RISE, LUTON, LU3 3XG - £550,000

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 LIGHTHORNE RISE is a large detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £585,415. It was last sold for £550,000 in October 2021, which was around 27% above the average October 2021 detached price in the Luton local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

2 LIGHTHORNE RISE Sold Prices

Land registry data shows four sales for 2 LIGHTHORNE RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 2 LIGHTHORNE RISE 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
2021 15 OCT	£550,000	£433,432	27% above HPI
2007 23 OCT	£385,000	£268,226	44% above HPI
2002 19 SEP	£295,000	£184,231	60% above HPI
2000 3 NOV	£240,000	£133,980	79% above HPI

2 LIGHTHORNE RISE 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 four 2 LIGHTHORNE RISE sales between November 2000 and October 2021 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 October 2007 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 2021 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 2 LIGHTHORNE RISE be worth now?

2 LIGHTHORNE RISE might now be worth an estimated £585,415.

This is based on house price inflation of 6.4%, between October 2021 and February 2025, 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 6.4% inflationary increase is applied to the most recent sale price for 2 LIGHTHORNE RISE of £550,000 on 15th October 2021. For the value to have increased from £550,000 to £585,415 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 LIGHTHORNE RISE has moved in line with the HPI for detached houses in the Luton local authority area.
• The October 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LIGHTHORNE RISE has not materially changed since October 2021.

How Large is 2 LIGHTHORNE RISE?

2 LIGHTHORNE RISE is 128m² according to the EPC inspection conducted in February 2018. This puts it in the largest 30% 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 LIGHTHORNE RISE lies on this distribution: 71% of detached houses houses are smaller than 2 LIGHTHORNE RISE, and 28% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 LIGHTHORNE RISE: Plot and Title Map

2 LIGHTHORNE RISE sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of 2 LIGHTHORNE RISE, 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 LIGHTHORNE RISE). 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 LIGHTHORNE RISE?

2 LIGHTHORNE RISE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 2 on LIGHTHORNE RISE.