1, LAUREL CLOSE, LUTON, LU4 9FB - £410,000

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.

1 LAUREL CLOSE is a large detached house of 121m², which could now be worth an estimated £429,694. It was last sold for £410,000 in July 2024, which was around 8% below the average July 2024 detached price in the Luton local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

1 LAUREL CLOSE Sold Prices

Land registry data shows two sales for 1 LAUREL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 1 LAUREL CLOSE sales were for below 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
2024 12 JUL	£410,000	£445,668	8% below HPI
2017 13 SEP	£350,000	£405,832	14% below HPI

1 LAUREL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The two 1 LAUREL CLOSE sales from September 2017 and July 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2024 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 LAUREL CLOSE be worth now?

1 LAUREL CLOSE might now be worth an estimated £429,694.

This is based on house price inflation of 4.8%, between July 2024 and July 2025, 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 4.8% inflationary increase is applied to the most recent sale price for 1 LAUREL CLOSE of £410,000 on 12th July 2024. For the value to have increased from £410,000 to £429,694 over the one year to July 2025, the following assumptions must hold true:

• The value of 1 LAUREL CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The July 2024 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LAUREL CLOSE has not materially changed since July 2024.

How Large is 1 LAUREL CLOSE?

1 LAUREL CLOSE is 121m² according to the EPC inspection conducted in August 2017. This puts it in the largest 40% of detached houses houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 1 LAUREL CLOSE lies on this distribution: 64% of detached houses houses are smaller than 1 LAUREL CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 LAUREL CLOSE: Plot and Title Map

1 LAUREL CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 1 LAUREL CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 LAUREL CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 LAUREL CLOSE?

1 LAUREL CLOSE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 1 on LAUREL CLOSE.