12, PREACHER CLOSE, LUTON, LU2 7FX - £304,950

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.

12 PREACHER CLOSE is a midsized terraced house of 78m², built in 2016, which could now be worth an estimated £356,446. It was last sold for £304,950 in November 2017, which was around 36% above the average November 2017 terraced price in the Luton local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

12 PREACHER CLOSE Sold Prices

Land registry data shows one sale for 12 PREACHER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Luton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 24 NOV	£304,950	£224,876	36% above HPI

What might 12 PREACHER CLOSE be worth now?

12 PREACHER CLOSE might now be worth an estimated £356,446.

This is based on house price inflation of 16.9%, between November 2017 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 16.9% inflationary increase is applied to the most recent sale price for 12 PREACHER CLOSE of £304,950 on 24th November 2017. For the value to have increased from £304,950 to £356,446 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 12 PREACHER CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The November 2017 sale price of £304,950 represented a fair market value for the property.
• The size, condition, and specification of 12 PREACHER CLOSE has not materially changed since November 2017.

How Large is 12 PREACHER CLOSE?

12 PREACHER CLOSE is 78m² according to the EPC inspection conducted in October 2017. This puts it in the largest 50% of terraced houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses by size in Luton, and where 12 PREACHER CLOSE lies on this distribution: 55% of terraced houses are smaller than 12 PREACHER CLOSE, and 43% of terraced houses are larger. Note that EPC data is not available for all properties in Luton.

12 PREACHER CLOSE: Plot

12 PREACHER CLOSE sits on a plot of roughly 0.029 of an acre, or 119m².

Where is 12 PREACHER CLOSE?

12 PREACHER CLOSE is located in LUTON, in the LU2 postcode district.