18, HORSHAM CLOSE, LUTON, LU2 8JH - £228,000

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.

18 HORSHAM CLOSE is a very small extended terraced house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £354,302. It was last sold for £228,000 in May 2015, which was around 38% above the average May 2015 terraced price in the Luton local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

18 HORSHAM CLOSE Sold Prices

Land registry data shows three sales for 18 HORSHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. All of the three 18 HORSHAM 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
2015 27 MAY	£228,000	£165,676	38% above HPI
2010 30 APR	£160,000	£135,737	18% above HPI
2000 16 OCT	£108,000	£65,282	65% above HPI

18 HORSHAM 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 three 18 HORSHAM CLOSE sales between October 2000 and May 2015 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 April 2010 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2015 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 18 HORSHAM CLOSE be worth now?

18 HORSHAM CLOSE might now be worth an estimated £354,302.

This is based on house price inflation of 55.4%, between May 2015 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 55.4% inflationary increase is applied to the most recent sale price for 18 HORSHAM CLOSE of £228,000 on 27th May 2015. For the value to have increased from £228,000 to £354,302 over the nine years and eleven months to June 2025, the following assumptions must hold true:

• The value of 18 HORSHAM CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The May 2015 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HORSHAM CLOSE has not materially changed since May 2015.

How Large is 18 HORSHAM CLOSE?

18 HORSHAM CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% 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 18 HORSHAM CLOSE lies on this distribution: 18% of terraced houses houses are smaller than 18 HORSHAM CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Luton.

18 HORSHAM CLOSE: Plot and Title Map

18 HORSHAM CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 18 HORSHAM 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 18 HORSHAM 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 18 HORSHAM CLOSE?

18 HORSHAM CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 18 on HORSHAM CLOSE.