11, KELLING CLOSE, LUTON, LU2 7ET - £175,000

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.

11 KELLING CLOSE is a very small extended terraced house of 52m², built sometime between 1983 and 1990, which could now be worth an estimated £215,747. It was last sold for £175,000 in September 2016, which was around 16% below the average September 2016 terraced price in the Luton local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

11 KELLING CLOSE Sold Prices

Land registry data shows five sales for 11 KELLING CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. All of the five 11 KELLING 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
2016 2 SEP	£175,000	£208,829	16% below HPI
2004 21 MAY	£101,000	£121,317	17% below HPI
2002 7 JUN	£68,000	£83,481	19% below HPI
2001 15 JUN	£59,000	£71,209	17% below HPI
1998 30 OCT	£37,000	£46,826	21% below HPI

11 KELLING 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 five 11 KELLING CLOSE sales between October 1998 and September 2016 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 May 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 11 KELLING CLOSE be worth now?

11 KELLING CLOSE might now be worth an estimated £215,747.

This is based on house price inflation of 23.3%, between September 2016 and June 2025, 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 23.3% inflationary increase is applied to the most recent sale price for 11 KELLING CLOSE of £175,000 on 2nd September 2016. For the value to have increased from £175,000 to £215,747 over the nine years and three months to June 2025, the following assumptions must hold true:

• The value of 11 KELLING CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The September 2016 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 11 KELLING CLOSE has not materially changed since September 2016.

How Large is 11 KELLING CLOSE?

11 KELLING CLOSE is 52m², which includes one extension, according to the EPC inspection conducted in March 2016. 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 11 KELLING CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 11 KELLING CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

11 KELLING CLOSE: Plot and Title Map

11 KELLING CLOSE sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 11 KELLING 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 11 KELLING 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 11 KELLING CLOSE?

11 KELLING CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 11 on KELLING CLOSE.