56, RICHMOND HILL, LUTON, LU2 7JG - £285,000

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

56 RICHMOND HILL is a very small extended semi-detached house of 82m², built sometime between 1930 and 1949, which could now be worth an estimated £361,958. It was last sold for £285,000 in January 2017, which was around 11% above the average January 2017 semi-detached price in the Luton local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

56 RICHMOND HILL Sold Prices

Land registry data shows two sales for 56 RICHMOND HILL 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. One of the two 56 RICHMOND HILL sales was for above the average price, whilst the other 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
2017 12 JAN	£285,000	£256,758	11% above HPI
2016 27 MAY	£195,000	£242,541	20% below HPI

56 RICHMOND HILL 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 56 RICHMOND HILL sales from May 2016 and January 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 May 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2017 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 56 RICHMOND HILL be worth now?

56 RICHMOND HILL might now be worth an estimated £361,958.

This is based on house price inflation of 27%, between January 2017 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 27% inflationary increase is applied to the most recent sale price for 56 RICHMOND HILL of £285,000 on 12th January 2017. For the value to have increased from £285,000 to £361,958 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 56 RICHMOND HILL has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The January 2017 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 56 RICHMOND HILL has not materially changed since January 2017.

How Large is 56 RICHMOND HILL?

56 RICHMOND HILL is 82m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% 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 56 RICHMOND HILL lies on this distribution: 16% of semi-detached houses houses are smaller than 56 RICHMOND HILL, and 83% of houses are larger. Note that EPC data is not available for all properties in Luton.

56 RICHMOND HILL: Plot and Title Map

56 RICHMOND HILL sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 56 RICHMOND HILL, 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 56 RICHMOND HILL). 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 56 RICHMOND HILL?

56 RICHMOND HILL is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 56 on RICHMOND HILL.