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
2 RADSTONE PLACE is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £180,000 in May 2011, which was around 24% below the average May 2011 detached price in the Luton local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 RADSTONE PLACE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 2 RADSTONE PLACE 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 |
---|---|---|---|
2011 16 MAY | £180,000 | £235,649 | 24% below HPI |
2008 26 SEP | £180,000 | £254,860 | 29% below HPI |
2008 25 JAN | £200,000 | £270,089 | 26% below HPI |
The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The three 2 RADSTONE PLACE sales between January 2008 and May 2011 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 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2011 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
2 RADSTONE PLACE is 67m² according to the EPC inspection conducted in September 2010. 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 RADSTONE PLACE lies on this distribution: 4% of detached houses are smaller than 2 RADSTONE PLACE, and 96% of houses are larger. Note that EPC data is not available for all properties in Luton.
2 RADSTONE PLACE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 2 RADSTONE PLACE, 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 RADSTONE PLACE). 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.
2 RADSTONE PLACE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 2 on RADSTONE PLACE.