4, LIGHTHORNE RISE, LUTON, LU3 3XG - £540,000

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.

4 LIGHTHORNE RISE is a very large extended detached house of 220m², built sometime between 1983 and 1990, which could now be worth an estimated £646,980. It was last sold for £540,000 in March 2017, which was around 40% above the average March 2017 detached price in the Luton local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

4 LIGHTHORNE RISE Sold Prices

Land registry data shows three sales for 4 LIGHTHORNE RISE 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 4 LIGHTHORNE RISE 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
2017 24 MAR	£540,000	£385,057	40% above HPI
1998 20 FEB	£190,000	£86,601	119% above HPI
1996 13 AUG	£145,000	£74,030	96% above HPI

4 LIGHTHORNE RISE 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 4 LIGHTHORNE RISE sales between August 1996 and March 2017 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 1998 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the March 2017 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 4 LIGHTHORNE RISE be worth now?

4 LIGHTHORNE RISE might now be worth an estimated £646,980.

This is based on house price inflation of 19.8%, between March 2017 and February 2025, 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 19.8% inflationary increase is applied to the most recent sale price for 4 LIGHTHORNE RISE of £540,000 on 24th March 2017. For the value to have increased from £540,000 to £646,980 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 4 LIGHTHORNE RISE has moved in line with the HPI for detached houses in the Luton local authority area.
• The March 2017 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LIGHTHORNE RISE has not materially changed since March 2017.

How Large is 4 LIGHTHORNE RISE?

4 LIGHTHORNE RISE is 220m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% 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 4 LIGHTHORNE RISE lies on this distribution: 97% of detached houses houses are smaller than 4 LIGHTHORNE RISE, and 3% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 LIGHTHORNE RISE: Plot and Title Map

4 LIGHTHORNE RISE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 4 LIGHTHORNE RISE, 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 4 LIGHTHORNE RISE). 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 4 LIGHTHORNE RISE?

4 LIGHTHORNE RISE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 4 on LIGHTHORNE RISE.