12, RAYNHAM WAY, LUTON, LU2 9SH - £249,995

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.

12 RAYNHAM WAY is a terraced house, which could now be worth an estimated £424,590. It was last sold for £249,995 in January 2008, which was around 62% above the average January 2008 terraced price in the Luton local authority area.

12 RAYNHAM WAY Sold Prices

Land registry data shows three sales for 12 RAYNHAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. All of the three 12 RAYNHAM WAY 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
2008 18 JAN	£249,995	£154,764	62% above HPI
2004 25 MAR	£204,000	£117,184	74% above HPI
2000 28 JUN	£138,500	£63,289	119% above HPI

What might 12 RAYNHAM WAY be worth now?

12 RAYNHAM WAY might now be worth an estimated £424,590.

This is based on house price inflation of 69.8%, between January 2008 and May 2026, for terraced 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 69.8% inflationary increase is applied to the most recent sale price for 12 RAYNHAM WAY of £249,995 on 18th January 2008. For the value to have increased from £249,995 to £424,590 over the seventeen years and eight months to May 2026, the following assumptions must hold true:

• The value of 12 RAYNHAM WAY has moved in line with the HPI for terraced houses in the Luton local authority area.
• The January 2008 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 12 RAYNHAM WAY has not materially changed since January 2008.

Where is 12 RAYNHAM WAY?

12 RAYNHAM WAY is located in LUTON, in the LU2 postcode district.