23, LUTHERS CLOSE, KELVEDON HATCH, BRENTWOOD, CM15 0DJ - £410,000

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.

23 LUTHERS CLOSE is a very small extended terraced house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £483,906. It was last sold for £410,000 in July 2020, which was around 14% above the average July 2020 terraced price in the Brentwood local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was C.

23 LUTHERS CLOSE Sold Prices

Land registry data shows four sales for 23 LUTHERS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Brentwood local authority area for the corresponding sale date. two of the four 23 LUTHERS CLOSE sales were for above the average price, and four 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
2020 20 JUL	£410,000	£361,167	14% above HPI
2014 4 APR	£260,000	£262,103	1% below HPI
2008 23 MAY	£135,000	£236,528	43% below HPI
2001 27 SEP	£143,000	£119,462	20% above HPI

23 LUTHERS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Brentwood local authority area over time, sourced from the HPI. The four 23 LUTHERS CLOSE sales between September 2001 and July 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 April 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2020 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 23 LUTHERS CLOSE be worth now?

23 LUTHERS CLOSE might now be worth an estimated £483,906.

This is based on house price inflation of 18%, between July 2020 and June 2025, for terraced houses, in the Brentwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for 23 LUTHERS CLOSE of £410,000 on 20th July 2020. For the value to have increased from £410,000 to £483,906 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 23 LUTHERS CLOSE has moved in line with the HPI for terraced houses in the Brentwood local authority area.
• The July 2020 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LUTHERS CLOSE has not materially changed since July 2020.

How Large is 23 LUTHERS CLOSE?

23 LUTHERS CLOSE is 93m², which includes two extensions, according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% of terraced houses houses in Kelvedon Hatch, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Kelvedon Hatch, and where 23 LUTHERS CLOSE lies on this distribution: 14% of terraced houses houses are smaller than 23 LUTHERS CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Kelvedon Hatch.

23 LUTHERS CLOSE: Plot and Title Map

23 LUTHERS CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 23 LUTHERS 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 23 LUTHERS 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 23 LUTHERS CLOSE?

23 LUTHERS CLOSE is located in KELVEDON HATCH, in the CM15 postcode district. The below map shows the position of No. 23 on LUTHERS CLOSE.