38, REEDSDALE, LUTON, LU2 9TG - £345,000

38 REEDSDALE is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £345,000 in July 2021, which was around 17% below the average July 2021 detached price in the Luton local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

38 REEDSDALE Sold Prices

Land registry data shows four sales for 38 REEDSDALE 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. All of the four 38 REEDSDALE 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
2021 9 JUL	£345,000	£416,819	17% below HPI
2021 23 JUN	£320,000	£411,652	22% below HPI
2010 10 SEP	£215,000	£244,673	12% below HPI
1997 27 MAR	£75,995	£77,137	1% below HPI

38 REEDSDALE 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 38 REEDSDALE sales between March 1997 and July 2021 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 June 2021 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 38 REEDSDALE?

38 REEDSDALE is 75m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 38 REEDSDALE lies on this distribution: 9% of detached houses are smaller than 38 REEDSDALE, and 90% of houses are larger. Note that EPC data is not available for all properties in Luton.

38 REEDSDALE: Plot and Title Map

38 REEDSDALE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 38 REEDSDALE, 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 38 REEDSDALE). 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 38 REEDSDALE?

38 REEDSDALE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 38 on REEDSDALE.