49, RAVENBANK ROAD, LUTON, LU2 8EJ - £348,500

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.

49 RAVENBANK ROAD is a small extended semi-detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £416,045. It was last sold for £348,500 in April 2019, which was around 29% above the average April 2019 semi-detached price in the Luton local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

49 RAVENBANK ROAD Sold Prices

Land registry data shows three sales for 49 RAVENBANK ROAD 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. All of the three 49 RAVENBANK 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
2019 30 APR	£348,500	£269,633	29% above HPI
2004 4 OCT	£222,000	£160,148	39% above HPI
1996 26 MAR	£79,950	£46,671	71% above HPI

49 RAVENBANK 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 three 49 RAVENBANK ROAD sales between March 1996 and April 2019 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 2004 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2019 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 49 RAVENBANK ROAD be worth now?

49 RAVENBANK ROAD might now be worth an estimated £416,045.

This is based on house price inflation of 19.4%, between April 2019 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 19.4% inflationary increase is applied to the most recent sale price for 49 RAVENBANK ROAD of £348,500 on 30th April 2019. For the value to have increased from £348,500 to £416,045 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 49 RAVENBANK ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The April 2019 sale price of £348,500 represented a fair market value for the property.
• The size, condition, and specification of 49 RAVENBANK ROAD has not materially changed since April 2019.

How Large is 49 RAVENBANK ROAD?

49 RAVENBANK ROAD is 91m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% 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 49 RAVENBANK ROAD lies on this distribution: 27% of semi-detached houses houses are smaller than 49 RAVENBANK ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Luton.

49 RAVENBANK ROAD: Plot and Title Map

49 RAVENBANK ROAD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 49 RAVENBANK 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 49 RAVENBANK 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 49 RAVENBANK ROAD?

49 RAVENBANK ROAD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 49 on RAVENBANK ROAD.