19, POLZEATH CLOSE, LUTON, LU2 9LJ - £235,000

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.

19 POLZEATH CLOSE is a very small terraced house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £287,220. It was last sold for £235,000 in June 2020, which was around 9% above the average June 2020 terraced price in the Luton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

19 POLZEATH CLOSE Sold Prices

Land registry data shows three sales for 19 POLZEATH 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. Two of the three 19 POLZEATH CLOSE sales were for above the average price, whilst one was 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
2020 12 JUN	£235,000	£215,061	9% above HPI
2007 27 JUN	£164,000	£150,348	9% above HPI
2005 16 JUN	£122,500	£129,795	6% below HPI

19 POLZEATH 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 19 POLZEATH CLOSE sales between June 2005 and June 2020 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 June 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2020 sale, which was also at 9% above the HPI.

What might 19 POLZEATH CLOSE be worth now?

19 POLZEATH CLOSE might now be worth an estimated £287,220.

This is based on house price inflation of 22.2%, between June 2020 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 22.2% inflationary increase is applied to the most recent sale price for 19 POLZEATH CLOSE of £235,000 on 12th June 2020. For the value to have increased from £235,000 to £287,220 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of 19 POLZEATH CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The June 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 19 POLZEATH CLOSE has not materially changed since June 2020.

How Large is 19 POLZEATH CLOSE?

19 POLZEATH CLOSE is 76m² according to the EPC inspection conducted in April 2015. 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 19 POLZEATH CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 19 POLZEATH CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Luton.

19 POLZEATH CLOSE: Plot and Title Map

19 POLZEATH CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 19 POLZEATH 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 19 POLZEATH 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 19 POLZEATH CLOSE?

19 POLZEATH CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 19 on POLZEATH CLOSE.