8G, RIDDY LANE, LUTON, LU3 2AG - £250,000

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

8G RIDDY LANE is a large extended detached house of 126m², built sometime between 1991 and 1995. It was last sold for £250,000 in March 2011, which was around 7% above the average March 2011 detached price in the Luton local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

8G RIDDY LANE Sold Prices

Land registry data shows three sales for 8G RIDDY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 8G 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
2011 9 MAR	£250,000	£234,250	7% above HPI
2004 6 FEB	£245,000	£220,486	11% above HPI
1997 28 NOV	£124,950	£86,681	44% above HPI

8G 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 three 8G RIDDY LANE sales between November 1997 and March 2011 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 February 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2011 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 8G RIDDY LANE?

8G RIDDY LANE is 126m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 8G RIDDY LANE lies on this distribution: 69% of detached houses are smaller than 8G RIDDY LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Luton.

8G RIDDY LANE: Plot and Title Map

8G RIDDY LANE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 8G 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 8G 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 8G RIDDY LANE?

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