2, Farley Lodge Ruthin Close, Luton, LU1 5EN is a leasehold flat built between 1950-1966. The property offers approximately 215 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £48,691 , which equates to approximately £226 per square foot. It was last sold on 22 Sep 1999 for £12,000. Since then, the value has increased by £36,691, representing a 305.8% increase, or approximately 11.7% per year.

The current estimated value of £48,691 is:

  • 40.2% lower than the average property price on Ruthin Close
  • 29.6% lower than the average in the LU1 5EN postcode area
  • and 85.0% lower than the average price for Luton as a whole

At the most recent EPC inspection on 24 April 2021, the property was recorded as rented.

View sold house prices in LU1 5EN

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
215 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£48,691
Price Per sq ft (estimate)
£226
Bedroom Count (estimate)
1 bedroom

EPC Summary

2, Farley Lodge Ruthin Close, Luton, LU1 5EN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Apr 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Apr 2009, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 155.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to boiler and radiators, mains gas, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric instantaneous at point of use to from main system, with its energy efficiency improving from very poor to good.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU1 5EN

47 th / 49
Price Rank
30% lower than average
32 nd / 42
Size Rank
8% smaller than average
37 th / 42
Price Per Sq FT Rank
24% lower than average

Compared to other properties in LU1 5EN , this flat's estimated value ranks 47th out of 49. Based on price per square foot, it ranks 37th out of 42 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 32th out of 42 properties in its postcode area.

Sale History

Today
£48,691
streetscan.co.uk estimate
+306 %
22 Sep 1999
£12,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 248 sq ft
sale price: £60,000
sale date: 13 Nov 2020
rooms: 1
size: 226 sq ft
sale price: £60,000
sale date: 3 Nov 2020
rooms: 1
size: 205 sq ft
sale price: £60,000
sale date: 18 Oct 2018
rooms: 1
size: 226 sq ft
sale price: £60,000
sale date: 21 Dec 2016
rooms: 1
size: 237 sq ft
sale price: £59,000
sale date: 6 May 2016

Data Sources

The property at 2, Farley Lodge Ruthin Close, Luton, LU1 5EN appears once in the Land Registry records, with the transaction recorded on 22 Sep 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Apr 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.