3, REDGRAVE GARDENS, LUTON, LU3 3QN - £337,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 REDGRAVE GARDENS is a midsized extended semi-detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £366,824. It was last sold for £337,500 in October 2021, which was around 14% above the average October 2021 semi-detached price in the Luton local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

3 REDGRAVE GARDENS Sold Prices

Land registry data shows three sales for 3 REDGRAVE GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. One of the three 3 REDGRAVE GARDENS sales was for above the average price, whilst two 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 25 OCT	£337,500	£296,160	14% above HPI
2014 1 OCT	£176,000	£190,846	8% below HPI
2003 12 SEP	£133,000	£143,092	7% below HPI

3 REDGRAVE GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The three 3 REDGRAVE GARDENS sales between September 2003 and October 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 October 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 3 REDGRAVE GARDENS be worth now?

3 REDGRAVE GARDENS might now be worth an estimated £366,824.

This is based on house price inflation of 8.7%, between October 2021 and February 2025, for semi-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 8.7% inflationary increase is applied to the most recent sale price for 3 REDGRAVE GARDENS of £337,500 on 25th October 2021. For the value to have increased from £337,500 to £366,824 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 REDGRAVE GARDENS has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The October 2021 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 3 REDGRAVE GARDENS has not materially changed since October 2021.

How Large is 3 REDGRAVE GARDENS?

3 REDGRAVE GARDENS is 101m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 3 REDGRAVE GARDENS lies on this distribution: 41% of semi-detached houses houses are smaller than 3 REDGRAVE GARDENS, and 58% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 REDGRAVE GARDENS: Plot and Title Map

3 REDGRAVE GARDENS sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 3 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 3 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 3 REDGRAVE GARDENS?

3 REDGRAVE GARDENS is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 3 on REDGRAVE GARDENS.