20, SHANKLIN CLOSE, LUTON, LU3 3UH - £346,000

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.

20 SHANKLIN CLOSE is a small extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £408,549. It was last sold for £346,000 in April 2021, which was around 14% below the average April 2021 detached price in the Luton local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

20 SHANKLIN CLOSE Sold Prices

Land registry data shows two sales for 20 SHANKLIN 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 20 SHANKLIN 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
2021 29 APR	£346,000	£400,147	14% below HPI
2017 7 APR	£330,000	£388,110	15% below HPI

20 SHANKLIN 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 20 SHANKLIN CLOSE sales from April 2017 and April 2021 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 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 20 SHANKLIN CLOSE be worth now?

20 SHANKLIN CLOSE might now be worth an estimated £408,549.

This is based on house price inflation of 18.1%, between April 2021 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 18.1% inflationary increase is applied to the most recent sale price for 20 SHANKLIN CLOSE of £346,000 on 29th April 2021. For the value to have increased from £346,000 to £408,549 over the five years to April 2026, the following assumptions must hold true:

• The value of 20 SHANKLIN CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The April 2021 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of 20 SHANKLIN CLOSE has not materially changed since April 2021.

How Large is 20 SHANKLIN CLOSE?

20 SHANKLIN CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 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 20 SHANKLIN CLOSE lies on this distribution: 33% of detached houses houses are smaller than 20 SHANKLIN CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Luton.

20 SHANKLIN CLOSE: Plot and Title Map

20 SHANKLIN CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 20 SHANKLIN 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 20 SHANKLIN 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 20 SHANKLIN CLOSE?

20 SHANKLIN CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 20 on SHANKLIN CLOSE.