56, RINGWOOD ROAD, LUTON, LU2 7BG - £720,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

56 RINGWOOD ROAD is a very large extended detached house of 160m², built sometime between 1976 and 1982. It was last sold for £720,000 in November 2023, which was around 54% above the average November 2023 detached price in the Luton local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

56 RINGWOOD ROAD Sold Prices

Land registry data shows two sales for 56 RINGWOOD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 56 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
2023 30 NOV	£720,000	£466,758	54% above HPI
2007 4 JUL	£370,000	£257,677	44% above HPI

56 RINGWOOD ROAD 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 two 56 RINGWOOD ROAD sales from July 2007 and November 2023 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 July 2007 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the November 2023 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 56 RINGWOOD ROAD?

56 RINGWOOD ROAD is 160m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 56 RINGWOOD ROAD lies on this distribution: 88% of detached houses are smaller than 56 RINGWOOD ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Luton.

56 RINGWOOD ROAD: Plot and Title Map

56 RINGWOOD ROAD sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 56 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 56 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 56 RINGWOOD ROAD?

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