23, REDGRAVE GARDENS, LUTON, LU3 3QN - £322,500

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

23 REDGRAVE GARDENS is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £322,500 in July 2021, which was around 22% below the average July 2021 detached price in the Luton local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

23 REDGRAVE GARDENS Sold Prices

Land registry data shows two sales for 23 REDGRAVE GARDENS 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 REDGRAVE GARDENS 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
2021 23 JUL	£322,500	£414,374	22% below HPI
2011 4 FEB	£160,000	£234,833	32% below HPI

23 REDGRAVE GARDENS 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 REDGRAVE GARDENS sales from February 2011 and July 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 February 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 23 REDGRAVE GARDENS be worth now?

23 REDGRAVE GARDENS might now be worth an estimated £363,231.

This is based on house price inflation of 12.6%, between July 2021 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 12.6% inflationary increase is applied to the most recent sale price for 23 REDGRAVE GARDENS of £322,500 on 23rd July 2021. For the value to have increased from £322,500 to £363,231 over the two years and seven months to December 2024, the following assumptions must hold true:

• The value of 23 REDGRAVE GARDENS has moved in line with the HPI for detached houses in the Luton local authority area.
• The July 2021 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 23 REDGRAVE GARDENS has not materially changed since July 2021.

How Large is 23 REDGRAVE GARDENS?

23 REDGRAVE GARDENS is 90m², which includes one extension, according to the EPC inspection conducted in April 2021. 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 23 REDGRAVE GARDENS lies on this distribution: 26% of detached houses houses are smaller than 23 REDGRAVE GARDENS, and 73% of houses are larger. Note that EPC data is not available for all properties in Luton.

23 REDGRAVE GARDENS: Plot and Title Map

23 REDGRAVE GARDENS sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 23 REDGRAVE GARDENS, 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 REDGRAVE GARDENS). 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 REDGRAVE GARDENS?

23 REDGRAVE GARDENS is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 23 on REDGRAVE GARDENS.