7, RAYNHAM WAY, LUTON, LU2 9SH - £326,000

7 RAYNHAM WAY is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £326,000 in May 2018, which was around 19% below the average May 2018 detached price in the Luton local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

7 RAYNHAM WAY Sold Prices

Land registry data shows two sales for 7 RAYNHAM WAY 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 7 RAYNHAM 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
2018 29 MAY	£326,000	£400,815	19% below HPI
2000 31 JAN	£108,000	£114,038	5% below HPI

7 RAYNHAM 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 two 7 RAYNHAM WAY sales from January 2000 and May 2018 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 January 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 RAYNHAM WAY?

7 RAYNHAM WAY is 84m² according to the EPC inspection conducted in October 2017. 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 7 RAYNHAM WAY lies on this distribution: 18% of detached houses are smaller than 7 RAYNHAM WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Luton.

7 RAYNHAM WAY: Plot and Title Map

7 RAYNHAM WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 7 RAYNHAM 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 7 RAYNHAM 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 7 RAYNHAM WAY?

7 RAYNHAM WAY is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 7 on RAYNHAM WAY.