2, WILLENHALL CLOSE, LUTON, LU3 3XX - £272,500

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.

2 WILLENHALL CLOSE is a large extended detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £461,800. It was last sold for £272,500 in September 2014, which was around 2% below the average September 2014 detached price in the Luton local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

2 WILLENHALL CLOSE Sold Prices

Land registry data shows five sales for 2 WILLENHALL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Most of the five 2 WILLENHALL 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
2014 12 SEP	£272,500	£277,151	2% below HPI
2013 2 AUG	£240,000	£247,461	3% below HPI
2012 26 JAN	£216,000	£245,216	12% below HPI
2007 19 NOV	£245,000	£267,593	8% below HPI
1999 31 MAR	£102,000	£98,316	4% above HPI

2 WILLENHALL 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 five 2 WILLENHALL CLOSE sales between March 1999 and September 2014 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 August 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2014 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 WILLENHALL CLOSE be worth now?

2 WILLENHALL CLOSE might now be worth an estimated £461,800.

This is based on house price inflation of 69.5%, between September 2014 and May 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 69.5% inflationary increase is applied to the most recent sale price for 2 WILLENHALL CLOSE of £272,500 on 12th September 2014. For the value to have increased from £272,500 to £461,800 over the twelve years and four months to May 2026, the following assumptions must hold true:

• The value of 2 WILLENHALL CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The September 2014 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 2 WILLENHALL CLOSE has not materially changed since September 2014.

How Large is 2 WILLENHALL CLOSE?

2 WILLENHALL CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 40% 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 2 WILLENHALL CLOSE lies on this distribution: 63% of detached houses houses are smaller than 2 WILLENHALL CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 WILLENHALL CLOSE: Plot and Title Map

2 WILLENHALL CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 2 WILLENHALL 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 2 WILLENHALL 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 2 WILLENHALL CLOSE?

2 WILLENHALL CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 2 on WILLENHALL CLOSE.