41, RINGWOOD ROAD, LUTON, LU2 7BG - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

41 RINGWOOD ROAD is a very small semi-detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £357,962. It was last sold for £350,000 in April 2024, which was around 10% above the average April 2024 semi-detached price in the Luton local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

41 RINGWOOD ROAD Sold Prices

Land registry data shows two sales for 41 RINGWOOD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Both of the two 41 RINGWOOD ROAD 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
2024 17 APR	£350,000	£318,837	10% above HPI
2015 17 DEC	£264,995	£228,218	16% above HPI

41 RINGWOOD ROAD 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 two 41 RINGWOOD ROAD sales from December 2015 and April 2024 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 December 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2024 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 41 RINGWOOD ROAD be worth now?

41 RINGWOOD ROAD might now be worth an estimated £357,962.

This is based on house price inflation of 2.3%, between April 2024 and December 2024, 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 2.3% inflationary increase is applied to the most recent sale price for 41 RINGWOOD ROAD of £350,000 on 17th April 2024. For the value to have increased from £350,000 to £357,962 over the four months to December 2024, the following assumptions must hold true:

• The value of 41 RINGWOOD ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The April 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 41 RINGWOOD ROAD has not materially changed since April 2024.

How Large is 41 RINGWOOD ROAD?

41 RINGWOOD ROAD is 76m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% 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 41 RINGWOOD ROAD lies on this distribution: 10% of semi-detached houses houses are smaller than 41 RINGWOOD ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Luton.

41 RINGWOOD ROAD: Plot and Title Map

41 RINGWOOD ROAD sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 41 RINGWOOD ROAD, 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 41 RINGWOOD ROAD). 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 41 RINGWOOD ROAD?

41 RINGWOOD ROAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 41 on RINGWOOD ROAD.