31, GREENRIGGS, LUTON, LU2 9TQ - £376,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 GREENRIGGS is a large extended semi-detached house of 119m², built sometime between 1983 and 1990, which could now be worth an estimated £396,254. It was last sold for £376,000 in January 2022, which was around 21% above the average January 2022 semi-detached price in the Luton local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

31 GREENRIGGS Sold Prices

Land registry data shows four sales for 31 GREENRIGGS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. All of the four 31 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
2022 14 JAN	£376,000	£311,282	21% above HPI
2018 20 JUL	£360,000	£272,665	32% above HPI
1997 4 DEC	£85,000	£55,967	52% above HPI
1995 31 MAR	£75,000	£48,360	55% above HPI

31 GREENRIGGS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The four 31 GREENRIGGS sales between March 1995 and January 2022 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 July 2018 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the January 2022 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 31 GREENRIGGS be worth now?

31 GREENRIGGS might now be worth an estimated £396,254.

This is based on house price inflation of 5.4%, between January 2022 and May 2026, for semi-detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.4% inflationary increase is applied to the most recent sale price for 31 GREENRIGGS of £376,000 on 14th January 2022. For the value to have increased from £376,000 to £396,254 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 31 GREENRIGGS has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The January 2022 sale price of £376,000 represented a fair market value for the property.
• The size, condition, and specification of 31 GREENRIGGS has not materially changed since January 2022.

How Large is 31 GREENRIGGS?

31 GREENRIGGS is 119m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 40% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 31 GREENRIGGS lies on this distribution: 62% of semi-detached houses houses are smaller than 31 GREENRIGGS, and 37% of houses are larger. Note that EPC data is not available for all properties in Luton.

31 GREENRIGGS: Plot and Title Map

31 GREENRIGGS sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 31 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 31 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 31 GREENRIGGS?

31 GREENRIGGS is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 31 on GREENRIGGS.