8, GREENRIGGS, LUTON, LU2 9TQ - £188,000

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.

8 GREENRIGGS is a large detached house of 135m², built sometime between 1967 and 1975, which could now be worth an estimated £543,969. It was last sold for £188,000 in May 2002, which was around 18% above the average May 2002 detached price in the Luton local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

8 GREENRIGGS Sold Prices

Land registry data shows two sales for 8 GREENRIGGS 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 8 GREENRIGGS 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
2002 17 MAY	£188,000	£159,443	18% above HPI
1998 2 OCT	£120,000	£93,198	29% above HPI

8 GREENRIGGS 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 8 GREENRIGGS sales from October 1998 and May 2002 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 October 1998 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2002 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 8 GREENRIGGS be worth now?

8 GREENRIGGS might now be worth an estimated £543,969.

This is based on house price inflation of 189.3%, between May 2002 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 189.3% inflationary increase is applied to the most recent sale price for 8 GREENRIGGS of £188,000 on 17th May 2002. For the value to have increased from £188,000 to £543,969 over the 23 years and three months to February 2025, the following assumptions must hold true:

• The value of 8 GREENRIGGS has moved in line with the HPI for detached houses in the Luton local authority area.
• The May 2002 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GREENRIGGS has not materially changed since May 2002.

How Large is 8 GREENRIGGS?

8 GREENRIGGS is 135m² according to the EPC inspection conducted in June 2015. This puts it in the largest 30% 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 8 GREENRIGGS lies on this distribution: 77% of detached houses houses are smaller than 8 GREENRIGGS, and 23% of houses are larger. Note that EPC data is not available for all properties in Luton.

8 GREENRIGGS: Plot and Title Map

8 GREENRIGGS sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 8 GREENRIGGS, 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 8 GREENRIGGS). 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 8 GREENRIGGS?

8 GREENRIGGS is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 8 on GREENRIGGS.