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

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

8 GREENRIGGS is a large detached house of 135m², built sometime between 1967 and 1975. It was last sold for £188,000 in May 2002, which was around 17% 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	£160,383	17% above HPI
1998 2 OCT	£120,000	£93,747	28% 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 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2002 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

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 in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 8 GREENRIGGS lies on this distribution: 77% of detached houses are smaller than 8 GREENRIGGS, and 22% 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.