48, Farley Lodge Ruthin Close, Luton, LU1 5EN is a leasehold flat built between 1976-1982. 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 £68,157 , which equates to approximately £275 per square foot. It was last sold on 13 Nov 2020 for £60,000. Since then, the value has increased by £8,157, representing a 13.6% increase, or approximately 2.7% per year.

The current estimated value of £68,157 is:

  • 16.2% lower than the average property price on Ruthin Close
  • 1.4% lower than the average in the LU1 5EN postcode area
  • and 79.1% lower than the average price for Luton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 14 November 2020, the property was recorded as rented.

View sold house prices in LU1 5EN

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
248 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£68,157
Price Per sq ft (estimate)
£275
Bedroom Count (estimate)
1 bedroom

EPC Summary

48, Farley Lodge Ruthin Close, Luton, LU1 5EN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Nov 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Nov 2017, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 103.4%.

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 changed from electric instantaneous at point of use to electric immersion, off-peak, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from flat, no insulation (assumed) to flat, limited insulation (assumed), improving energy efficiency from very poor to poor.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from very poor to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Flat, limited insulation (assumed)
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LU1 5EN

33 rd / 49
Price Rank
1% lower than average
7 th / 42
Size Rank
6% bigger than average
32 nd / 42
Price Per Sq FT Rank
7% lower than average

Compared to other properties in LU1 5EN , this flat's estimated value ranks 33th out of 49. Based on price per square foot, it ranks 32th 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 7th out of 42 properties in its postcode area.

Sale History

Today
£68,157
streetscan.co.uk estimate
+14 %
13 Nov 2020
£60,000
Leasehold
+79.1 %
1 Aug 2012
£33,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 226 sq ft
sale price: £60,000
sale date: 3 Nov 2020
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
rooms: 1
size: 226 sq ft
sale price: £51,000
sale date: 20 Nov 2015
rooms: 1
size: 215 sq ft
sale price: £62,000
sale date: 3 Aug 2015

Data Sources

The property at 48, Farley Lodge Ruthin Close, Luton, LU1 5EN appears two times in the Land Registry records, with the latest transaction recorded on 13 Nov 2020. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Nov 2020. 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.