12, RAVENHILL WAY, LUTON, LU4 0XU - £286,000

12 RAVENHILL WAY is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £286,000 in October 2016, which was around 25% below the average October 2016 detached price in the Luton local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

12 RAVENHILL WAY Sold Prices

Land registry data shows three sales for 12 RAVENHILL WAY 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 12 RAVENHILL WAY 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
2016 3 OCT	£286,000	£379,634	25% below HPI
2003 23 MAY	£174,000	£216,432	20% below HPI
1999 15 NOV	£100,000	£110,237	9% below HPI

12 RAVENHILL WAY 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 12 RAVENHILL WAY sales between November 1999 and October 2016 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 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 RAVENHILL WAY?

12 RAVENHILL WAY is 76m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 12 RAVENHILL WAY lies on this distribution: 10% of detached houses are smaller than 12 RAVENHILL WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Luton.

12 RAVENHILL WAY: Plot and Title Map

12 RAVENHILL WAY sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 12 RAVENHILL WAY, 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 12 RAVENHILL WAY). 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 12 RAVENHILL WAY?

12 RAVENHILL WAY is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 12 on RAVENHILL WAY.