24, Farley Lodge Ruthin Close, Luton, LU1 5EN is a leasehold flat built between 1950-1966. The property offers approximately 248 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £63,026 , which equates to approximately £255 per square foot. It was last sold on 18 Jun 2015 for £45,448. Since then, the value has increased by £17,578, representing a 38.7% increase, or approximately 3.7% per year.

The current estimated value of £63,026 is:

  • 22.5% lower than the average property price on Ruthin Close
  • 8.8% lower than the average in the LU1 5EN postcode area
  • and 80.6% lower than the average price for Luton as a whole

At the most recent EPC inspection on 28 May 2019, the property was recorded as owner-occupied.

View sold house prices in LU1 5EN

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
248 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£63,026
Price Per sq ft (estimate)
£255
Bedroom Count (estimate)
1 bedroom

EPC Summary

24, Farley Lodge Ruthin Close, Luton, LU1 5EN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 May 2019.

This property uses electric storage heaters as its main heating source. A gas multipoint water heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 May 2009, when the property was rated G. Since then, the rating has improved to D, with the energy efficiency score increasing by 205.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from gas instantaneous at point of use to gas multipoint, with its energy efficiency changing from good to average.
  • The roof construction or insulation changed from flat, no insulation (assumed) to flat, limited insulation, improving energy efficiency from very poor to poor.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Gas multipoint
Average
Roof
Flat, limited insulation
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to LU1 5EN

40 th / 49
Price Rank
9% lower than average
13 th / 42
Size Rank
6% bigger than average
34 th / 42
Price Per Sq FT Rank
14% lower than average

Compared to other properties in LU1 5EN , this flat's estimated value ranks 40th out of 49. Based on price per square foot, it ranks 34th 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 13th out of 42 properties in its postcode area.

Sale History

Today
£63,026
streetscan.co.uk estimate
+39 %
18 Jun 2015
£45,448
Leasehold
+29.9 %
19 Feb 2015
£35,000
Leasehold

Area Insights

Similar Properties Sold Nearby

48, Farley Lodge Ruthin Close, Luton, LU1 5EN
rooms: 1
size: 248 sq ft
sale price: £60,000
sale date: 13 Nov 2020
60, Farley Lodge Ruthin Close, Luton, LU1 5EN
rooms: 1
size: 226 sq ft
sale price: £60,000
sale date: 3 Nov 2020
9, Farley Lodge Ruthin Close, Luton, LU1 5EN
rooms: 1
size: 226 sq ft
sale price: £60,000
sale date: 21 Dec 2016
28, Farley Lodge Ruthin Close, Luton, LU1 5EN
rooms: 1
size: 237 sq ft
sale price: £59,000
sale date: 6 May 2016
50, Farley Lodge Ruthin Close, Luton, LU1 5EN
rooms: 1
size: 226 sq ft
sale price: £51,000
sale date: 20 Nov 2015

Data Sources

The property at 24, Farley Lodge Ruthin Close, Luton, LU1 5EN appears two times in the Land Registry records, with the latest transaction recorded on 18 Jun 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 May 2019. 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.
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