24, RIDDY LANE, LUTON, LU3 2AG - £255,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

24 RIDDY LANE is a very large extended detached house of 174m², built sometime between 1950 and 1966. It was last sold for £255,000 in December 2022, which was around 46% below the average December 2022 detached price in the Luton local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

24 RIDDY LANE Sold Prices

Land registry data shows two sales for 24 RIDDY LANE 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. One of the two 24 RIDDY LANE sales was for below the average price, whilst the other was 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
2022 1 DEC	£255,000	£476,319	46% below HPI
2011 14 SEP	£280,000	£240,108	17% above HPI

24 RIDDY LANE 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 24 RIDDY LANE sales from September 2011 and December 2022 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 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 24 RIDDY LANE?

24 RIDDY LANE is 174m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 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 24 RIDDY LANE lies on this distribution: 92% of detached houses are smaller than 24 RIDDY LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Luton.

24 RIDDY LANE: Plot and Title Map

24 RIDDY LANE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 24 RIDDY LANE, 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 24 RIDDY LANE). 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 24 RIDDY LANE?

24 RIDDY LANE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 24 on RIDDY LANE.