7, RYEFIELD, LUTON, LU3 4DJ - £523,000

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

7 RYEFIELD is a large detached house of 128m², built sometime between 1976 and 1982. It was last sold for £523,000 in November 2021, which was around 18% above the average November 2021 detached price in the Luton local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

7 RYEFIELD Sold Prices

Land registry data shows five sales for 7 RYEFIELD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the five 7 RYEFIELD 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
2021 12 NOV	£523,000	£444,905	18% above HPI
2020 10 JUL	£490,000	£388,865	26% above HPI
2012 6 JAN	£282,000	£246,663	14% above HPI
2009 17 DEC	£275,000	£236,305	16% above HPI
2003 16 JAN	£249,000	£205,575	21% above HPI

7 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 five 7 RYEFIELD sales between January 2003 and November 2021 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 2020 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 7 RYEFIELD?

7 RYEFIELD is 128m² according to the EPC inspection conducted in October 2016. This puts it in the largest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 7 RYEFIELD lies on this distribution: 71% of detached houses are smaller than 7 RYEFIELD, and 28% of houses are larger. Note that EPC data is not available for all properties in Luton.

7 RYEFIELD: Plot and Title Map

7 RYEFIELD sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 7 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 7 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 7 RYEFIELD?

7 RYEFIELD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 7 on RYEFIELD.