2, RIVERSIDE ROAD, LUTON, LU3 2LY - £235,000

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 RIVERSIDE ROAD is a small detached house of 91m², built sometime between 1950 and 1966. It was last sold for £235,000 in November 2015, which was around 29% below the average November 2015 detached price in the Luton local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

2 RIVERSIDE ROAD Sold Prices

Land registry data shows two sales for 2 RIVERSIDE ROAD 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 RIVERSIDE ROAD 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
2015 25 NOV	£235,000	£332,600	29% below HPI
2006 12 DEC	£221,000	£245,378	10% below HPI

2 RIVERSIDE ROAD 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 RIVERSIDE ROAD sales from December 2006 and November 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 December 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2 RIVERSIDE ROAD be worth now?

2 RIVERSIDE ROAD might now be worth an estimated £329,755.

This is based on house price inflation of 40.3%, between November 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 40.3% inflationary increase is applied to the most recent sale price for 2 RIVERSIDE ROAD of £235,000 on 25th November 2015. For the value to have increased from £235,000 to £329,755 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 RIVERSIDE ROAD has moved in line with the HPI for detached houses in the Luton local authority area.
• The November 2015 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIVERSIDE ROAD has not materially changed since November 2015.

How Large is 2 RIVERSIDE ROAD?

2 RIVERSIDE ROAD is 91m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 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 RIVERSIDE ROAD lies on this distribution: 27% of detached houses houses are smaller than 2 RIVERSIDE ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 RIVERSIDE ROAD: Plot and Title Map

2 RIVERSIDE ROAD sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 2 RIVERSIDE ROAD, 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 RIVERSIDE ROAD). 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 RIVERSIDE ROAD?

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