16, RAYNHAM WAY, LUTON, LU2 9SH - £250,000

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.

16 RAYNHAM WAY is a small detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £412,811. It was last sold for £250,000 in December 2014, which was around 12% below the average December 2014 detached price in the Luton local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

16 RAYNHAM WAY Sold Prices

Land registry data shows one sale for 16 RAYNHAM WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Luton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 17 DEC	£250,000	£284,441	12% below HPI

What might 16 RAYNHAM WAY be worth now?

16 RAYNHAM WAY might now be worth an estimated £412,811.

This is based on house price inflation of 65.1%, between December 2014 and May 2026, for 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 65.1% inflationary increase is applied to the most recent sale price for 16 RAYNHAM WAY of £250,000 on 17th December 2014. For the value to have increased from £250,000 to £412,811 over the twelve years and seven months to May 2026, the following assumptions must hold true:

• The value of 16 RAYNHAM WAY has moved in line with the HPI for detached houses in the Luton local authority area.
• The December 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RAYNHAM WAY has not materially changed since December 2014.

How Large is 16 RAYNHAM WAY?

16 RAYNHAM WAY is 94m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 16 RAYNHAM WAY lies on this distribution: 31% of detached houses are smaller than 16 RAYNHAM WAY, and 68% of detached houses are larger. Note that EPC data is not available for all properties in Luton.

16 RAYNHAM WAY: Plot

16 RAYNHAM WAY sits on a plot of roughly 0.067 of an acre, or 271m².

Where is 16 RAYNHAM WAY?

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