24, ELVEDEN CLOSE, LUTON, LU2 7FF - £110,000

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.

24 ELVEDEN CLOSE is a very small terraced house of 41m², built sometime between 1983 and 1990, which could now be worth an estimated £237,962. It was last sold for £110,000 in April 2009, which was around 9% below the average April 2009 terraced price in the Luton local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

24 ELVEDEN CLOSE Sold Prices

Land registry data shows five sales for 24 ELVEDEN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. All of the five 24 ELVEDEN 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
2009 9 APR	£110,000	£120,531	9% below HPI
2005 16 AUG	£120,000	£132,070	9% below HPI
2001 24 AUG	£65,500	£72,020	9% below HPI
1997 4 JUL	£37,000	£42,830	14% below HPI
1996 27 SEP	£36,842	£38,293	4% below HPI

24 ELVEDEN 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 five 24 ELVEDEN CLOSE sales between September 1996 and April 2009 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 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2009 sale, which was also at 9% below the HPI.

What might 24 ELVEDEN CLOSE be worth now?

24 ELVEDEN CLOSE might now be worth an estimated £237,962.

This is based on house price inflation of 116.3%, between April 2009 and October 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 116.3% inflationary increase is applied to the most recent sale price for 24 ELVEDEN CLOSE of £110,000 on 9th April 2009. For the value to have increased from £110,000 to £237,962 over the fifteen years and six months to October 2025, the following assumptions must hold true:

• The value of 24 ELVEDEN CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The April 2009 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ELVEDEN CLOSE has not materially changed since April 2009.

How Large is 24 ELVEDEN CLOSE?

24 ELVEDEN CLOSE is 41m² according to the EPC inspection conducted in June 2021. 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 24 ELVEDEN CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 24 ELVEDEN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

24 ELVEDEN CLOSE: Plot and Title Map

24 ELVEDEN CLOSE sits on a plot of roughly 0.019 of an acre, or 76m². The below map shows the location of 24 ELVEDEN 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 24 ELVEDEN 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 24 ELVEDEN CLOSE?

24 ELVEDEN CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 24 on ELVEDEN CLOSE.