23, RAVENBANK ROAD, LUTON, LU2 8EJ - £300,000

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

23 RAVENBANK ROAD is a large extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £300,000 in June 2012, which was around 25% above the average June 2012 detached price in the Luton local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

23 RAVENBANK ROAD Sold Prices

Land registry data shows two sales for 23 RAVENBANK 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 23 RAVENBANK ROAD 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
2012 6 JUN	£300,000	£240,464	25% above HPI
2004 6 FEB	£225,000	£220,486	2% above HPI

23 RAVENBANK 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 23 RAVENBANK ROAD sales from February 2004 and June 2012 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 February 2004 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2012 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 23 RAVENBANK ROAD?

23 RAVENBANK ROAD is 124m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the largest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 23 RAVENBANK ROAD lies on this distribution: 67% of detached houses are smaller than 23 RAVENBANK ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Luton.

23 RAVENBANK ROAD: Plot and Title Map

23 RAVENBANK ROAD sits on a plot of roughly 0.202 of an acre, or 817m². The below map shows the location of 23 RAVENBANK 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 23 RAVENBANK 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 23 RAVENBANK ROAD?

23 RAVENBANK ROAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 23 on RAVENBANK ROAD.