10, REDMIRE CLOSE, LUTON, LU4 9DX - £190,000

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 REDMIRE CLOSE is a very small extended terraced house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £345,051. It was last sold for £190,000 in September 2008, which was around 31% above the average September 2008 terraced price in the Luton local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

10 REDMIRE CLOSE Sold Prices

Land registry data shows two sales for 10 REDMIRE 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. Both of the two 10 REDMIRE 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
2008 5 SEP	£190,000	£145,411	31% above HPI
2006 26 SEP	£182,000	£139,839	30% above HPI

10 REDMIRE 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 REDMIRE CLOSE sales from September 2006 and September 2008 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 2006 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2008 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 10 REDMIRE CLOSE be worth now?

10 REDMIRE CLOSE might now be worth an estimated £345,051.

This is based on house price inflation of 81.6%, between September 2008 and April 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 81.6% inflationary increase is applied to the most recent sale price for 10 REDMIRE CLOSE of £190,000 on 5th September 2008. For the value to have increased from £190,000 to £345,051 over the eighteen years and five months to April 2026, the following assumptions must hold true:

• The value of 10 REDMIRE CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The September 2008 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 10 REDMIRE CLOSE has not materially changed since September 2008.

How Large is 10 REDMIRE CLOSE?

10 REDMIRE CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in June 2020. 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 REDMIRE CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 10 REDMIRE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Luton.

10 REDMIRE CLOSE: Plot and Title Map

10 REDMIRE CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 10 REDMIRE 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 REDMIRE 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 REDMIRE CLOSE?

10 REDMIRE CLOSE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 10 on REDMIRE CLOSE.