3, RYEFIELD, LUTON, LU3 4DJ - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 RYEFIELD is a very large extended detached house of 148m², built sometime between 1983 and 1990. It was last sold for £525,000 in March 2023, which was around 10% above the average March 2023 detached price in the Luton local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

3 RYEFIELD Sold Prices

Land registry data shows three sales for 3 RYEFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 3 RYEFIELD 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
2023 17 MAR	£525,000	£478,636	10% above HPI
2016 18 MAR	£455,000	£354,468	28% above HPI
2006 29 SEP	£312,500	£243,629	28% above HPI

3 RYEFIELD 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 three 3 RYEFIELD sales between September 2006 and March 2023 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 March 2016 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2023 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 3 RYEFIELD?

3 RYEFIELD is 148m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 3 RYEFIELD lies on this distribution: 84% of detached houses are smaller than 3 RYEFIELD, and 16% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 RYEFIELD: Plot and Title Map

3 RYEFIELD sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of 3 RYEFIELD, 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 RYEFIELD). 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 RYEFIELD?

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