8, RYECROFT WAY, LUTON, LU2 7TU - £265,000

8 RYECROFT WAY is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £265,000 in November 2015, which was around 21% below the average November 2015 detached price in the Luton local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

8 RYECROFT WAY Sold Prices

Land registry data shows three sales for 8 RYECROFT 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. Two of the three 8 RYECROFT WAY sales were for below the average price, whilst one was 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
2015 6 NOV	£265,000	£334,562	21% below HPI
2008 23 MAY	£250,000	£263,868	5% below HPI
1996 16 SEP	£92,500	£75,149	23% above HPI

8 RYECROFT 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 8 RYECROFT WAY sales between September 1996 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 May 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 RYECROFT WAY?

8 RYECROFT WAY is 67m² according to the EPC inspection conducted in May 2015. 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 8 RYECROFT WAY lies on this distribution: 5% of detached houses are smaller than 8 RYECROFT WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Luton.

8 RYECROFT WAY: Plot and Title Map

8 RYECROFT WAY sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 8 RYECROFT 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 8 RYECROFT 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 8 RYECROFT WAY?

8 RYECROFT WAY is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 8 on RYECROFT WAY.