5, RYEFIELD, LUTON, LU3 4DJ - £247,500

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

5 RYEFIELD is a large extended detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £486,048. It was last sold for £247,500 in December 2009, which was around 5% above the average December 2009 detached price in the Luton local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

5 RYEFIELD Sold Prices

Land registry data shows three sales for 5 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. Two of the three 5 RYEFIELD sales were for above the average price, whilst one was 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 7 DEC	£247,500	£234,919	5% above HPI
2003 28 JAN	£189,000	£204,369	8% below HPI
1999 14 MAY	£131,000	£97,736	34% above HPI

5 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 5 RYEFIELD sales between May 1999 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 January 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2009 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 5 RYEFIELD be worth now?

5 RYEFIELD might now be worth an estimated £486,048.

This is based on house price inflation of 96.4%, between December 2009 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 96.4% inflationary increase is applied to the most recent sale price for 5 RYEFIELD of £247,500 on 7th December 2009. For the value to have increased from £247,500 to £486,048 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 RYEFIELD has moved in line with the HPI for detached houses in the Luton local authority area.
• The December 2009 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 5 RYEFIELD has not materially changed since December 2009.

How Large is 5 RYEFIELD?

5 RYEFIELD is 123m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% 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 5 RYEFIELD lies on this distribution: 66% of detached houses houses are smaller than 5 RYEFIELD, and 33% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 RYEFIELD: Plot and Title Map

5 RYEFIELD sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 5 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 5 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 5 RYEFIELD?

5 RYEFIELD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 5 on RYEFIELD.