17, GILDER CLOSE, LUTON, LU3 4AX - £403,000

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.

17 GILDER CLOSE is a very large extended detached house of 141m², built sometime between 1976 and 1982, which could now be worth an estimated £490,611. It was last sold for £403,000 in April 2017, which was around 4% above the average April 2017 detached price in the Luton local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

17 GILDER CLOSE Sold Prices

Land registry data shows two sales for 17 GILDER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 17 GILDER 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
2017 4 APR	£403,000	£388,110	4% above HPI
2000 29 SEP	£149,000	£131,310	13% above HPI

17 GILDER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The two 17 GILDER CLOSE sales from September 2000 and April 2017 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 2000 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2017 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 17 GILDER CLOSE be worth now?

17 GILDER CLOSE might now be worth an estimated £490,611.

This is based on house price inflation of 21.7%, between April 2017 and April 2026, for detached 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 21.7% inflationary increase is applied to the most recent sale price for 17 GILDER CLOSE of £403,000 on 4th April 2017. For the value to have increased from £403,000 to £490,611 over the nine years to April 2026, the following assumptions must hold true:

• The value of 17 GILDER CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The April 2017 sale price of £403,000 represented a fair market value for the property.
• The size, condition, and specification of 17 GILDER CLOSE has not materially changed since April 2017.

How Large is 17 GILDER CLOSE?

17 GILDER CLOSE is 141m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 17 GILDER CLOSE lies on this distribution: 80% of detached houses houses are smaller than 17 GILDER CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Luton.

17 GILDER CLOSE: Plot and Title Map

17 GILDER CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 17 GILDER 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 17 GILDER 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 17 GILDER CLOSE?

17 GILDER CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 17 on GILDER CLOSE.