72, THE RIDINGS, LUTON, LU3 1BY - £92,000

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.

72 THE RIDINGS is a very small semi-detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £184,991. It was last sold for £92,000 in July 2005, which was around 43% below the average July 2005 semi-detached price in the Luton local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

72 THE RIDINGS Sold Prices

Land registry data shows three sales for 72 THE RIDINGS 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 72 THE RIDINGS sales were 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
2005 28 JUL	£92,000	£160,084	43% below HPI
2000 30 NOV	£51,000	£84,422	40% below HPI
1996 9 DEC	£29,500	£48,011	39% below HPI

72 THE RIDINGS 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 72 THE RIDINGS sales between December 1996 and July 2005 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 November 2000 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2005 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 72 THE RIDINGS be worth now?

72 THE RIDINGS might now be worth an estimated £184,991.

This is based on house price inflation of 101.1%, between July 2005 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 101.1% inflationary increase is applied to the most recent sale price for 72 THE RIDINGS of £92,000 on 28th July 2005. For the value to have increased from £92,000 to £184,991 over the twenty years and five months to February 2025, the following assumptions must hold true:

• The value of 72 THE RIDINGS has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The July 2005 sale price of £92,000 represented a fair market value for the property.
• The size, condition, and specification of 72 THE RIDINGS has not materially changed since July 2005.

How Large is 72 THE RIDINGS?

72 THE RIDINGS is 55m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% 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 72 THE RIDINGS lies on this distribution: 1% of semi-detached houses houses are smaller than 72 THE RIDINGS, and 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

72 THE RIDINGS: Plot and Title Map

72 THE RIDINGS sits on a plot of roughly 1.4 acres, or 5,505m². The below map shows the location of 72 THE RIDINGS, 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 72 THE RIDINGS). 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 72 THE RIDINGS?

72 THE RIDINGS is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 72 on THE RIDINGS.