36, REDGRAVE GARDENS, LUTON, LU3 3QL - £165,000

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

36 REDGRAVE GARDENS is a small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £165,000 in December 2009, which was around 30% below the average December 2009 detached price in the Luton local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

36 REDGRAVE GARDENS Sold Prices

Land registry data shows three sales for 36 REDGRAVE GARDENS 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 36 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
2009 11 DEC	£165,000	£236,305	30% below HPI
2004 2 JUL	£175,000	£227,123	23% below HPI
1997 2 MAY	£58,000	£80,559	28% below HPI

36 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 three 36 REDGRAVE GARDENS sales between May 1997 and December 2009 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 July 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2009 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 36 REDGRAVE GARDENS?

36 REDGRAVE GARDENS is 86m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 36 REDGRAVE GARDENS lies on this distribution: 21% of detached houses are smaller than 36 REDGRAVE GARDENS, and 79% of houses are larger. Note that EPC data is not available for all properties in Luton.

36 REDGRAVE GARDENS: Plot and Title Map

36 REDGRAVE GARDENS sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 36 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 36 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 36 REDGRAVE GARDENS?

36 REDGRAVE GARDENS is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 36 on REDGRAVE GARDENS.