10, PENDA CLOSE, LUTON, LU3 3UT - £60,000

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.

10 PENDA CLOSE is a very small terraced house of 57m², built sometime between 1976 and 1982, which could now be worth an estimated £269,392. It was last sold for £60,000 in March 2000, which was around 2% above the average March 2000 terraced price in the Luton local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was A.

10 PENDA CLOSE Sold Prices

Land registry data shows two sales for 10 PENDA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. One of the two 10 PENDA CLOSE sales was for above the average price, whilst the other was 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
2000 10 MAR	£60,000	£58,543	2% above HPI
1999 12 FEB	£46,750	£49,523	6% below HPI

10 PENDA 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 two 10 PENDA CLOSE sales from February 1999 and March 2000 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 1999 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2000 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 10 PENDA CLOSE be worth now?

10 PENDA CLOSE might now be worth an estimated £269,392.

This is based on house price inflation of 349%, between March 2000 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 349% inflationary increase is applied to the most recent sale price for 10 PENDA CLOSE of £60,000 on 10th March 2000. For the value to have increased from £60,000 to £269,392 over the 25 years and ten months to May 2026, the following assumptions must hold true:

• The value of 10 PENDA CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The March 2000 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PENDA CLOSE has not materially changed since March 2000.

How Large is 10 PENDA CLOSE?

10 PENDA CLOSE is 57m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% 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 10 PENDA CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 10 PENDA CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Luton.

10 PENDA CLOSE: Plot and Title Map

10 PENDA CLOSE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 10 PENDA 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 10 PENDA 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 10 PENDA CLOSE?

10 PENDA CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 10 on PENDA CLOSE.