1, POPPY CLOSE, LUTON, LU3 1EX - £199,000

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 POPPY CLOSE is a small terraced house of 90m², built sometime between 2003 and 2006, which could now be worth an estimated £336,378. It was last sold for £199,000 in August 2014, which was around 28% above the average August 2014 terraced price in the Luton local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

1 POPPY CLOSE Sold Prices

Land registry data shows three sales for 1 POPPY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. All of the three 1 POPPY CLOSE sales were for above 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
2014 8 AUG	£199,000	£155,501	28% above HPI
2008 29 FEB	£199,500	£153,735	30% above HPI
2004 23 JAN	£182,950	£114,179	60% above HPI

1 POPPY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Luton local authority area over time, sourced from the HPI. The three 1 POPPY CLOSE sales between January 2004 and August 2014 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 February 2008 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2014 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 1 POPPY CLOSE be worth now?

1 POPPY CLOSE might now be worth an estimated £336,378.

This is based on house price inflation of 69%, between August 2014 and May 2026, for terraced 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 69% inflationary increase is applied to the most recent sale price for 1 POPPY CLOSE of £199,000 on 8th August 2014. For the value to have increased from £199,000 to £336,378 over the twelve years and three months to May 2026, the following assumptions must hold true:

• The value of 1 POPPY CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The August 2014 sale price of £199,000 represented a fair market value for the property.
• The size, condition, and specification of 1 POPPY CLOSE has not materially changed since August 2014.

How Large is 1 POPPY CLOSE?

1 POPPY CLOSE is 90m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of terraced houses houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Luton, and where 1 POPPY CLOSE lies on this distribution: 26% of terraced houses houses are smaller than 1 POPPY CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 POPPY CLOSE: Plot and Title Map

1 POPPY CLOSE sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 1 POPPY 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 POPPY 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 POPPY CLOSE?

1 POPPY CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 1 on POPPY CLOSE.