2, RIVERSIDE ROAD, LUTON, LU3 2LY - £235,000

2 RIVERSIDE ROAD is a small detached house of 91m², built sometime between 1950 and 1966. It was last sold for £235,000 in November 2015, which was around 30% below the average November 2015 detached price in the Luton local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

2 RIVERSIDE ROAD Sold Prices

Land registry data shows two sales for 2 RIVERSIDE ROAD 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 2 RIVERSIDE ROAD 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
2015 25 NOV	£235,000	£334,562	30% below HPI
2006 12 DEC	£221,000	£246,825	10% below HPI

2 RIVERSIDE ROAD 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 2 RIVERSIDE ROAD sales from December 2006 and November 2015 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 December 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 RIVERSIDE ROAD?

2 RIVERSIDE ROAD is 91m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 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 2 RIVERSIDE ROAD lies on this distribution: 27% of detached houses are smaller than 2 RIVERSIDE ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 RIVERSIDE ROAD: Plot and Title Map

2 RIVERSIDE ROAD sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 2 RIVERSIDE ROAD, 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 2 RIVERSIDE ROAD). 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 2 RIVERSIDE ROAD?

2 RIVERSIDE ROAD is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 2 on RIVERSIDE ROAD.