8D, RIDDY LANE, LUTON, LU3 2AG - £386,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8D RIDDY LANE is a midsized detached house of 108m², built sometime between 1983 and 1990. It was last sold for £386,000 in November 2017, which was around 6% below the average November 2017 detached price in the Luton local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

8D RIDDY LANE Sold Prices

Land registry data shows four sales for 8D RIDDY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Most of the four 8D RIDDY LANE 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
2017 30 NOV	£386,000	£411,914	6% below HPI
2004 10 MAY	£244,000	£224,472	9% above HPI
2002 28 MAR	£190,000	£155,976	22% above HPI
2001 30 MAY	£170,000	£141,284	20% above HPI

8D RIDDY LANE 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 four 8D RIDDY LANE sales between May 2001 and November 2017 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 May 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8D RIDDY LANE?

8D RIDDY LANE is 108m² according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 8D RIDDY LANE lies on this distribution: 50% of detached houses are smaller than 8D RIDDY LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Luton.

8D RIDDY LANE: Plot and Title Map

8D RIDDY LANE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 8D RIDDY LANE, 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 8D RIDDY LANE). 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 8D RIDDY LANE?

8D RIDDY LANE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 8D on RIDDY LANE.