28, DITCHLING CLOSE, LUTON, LU2 8JR - £250,000

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.

28 DITCHLING CLOSE is a very small terraced house of 50m², built sometime between 1967 and 1975, which could now be worth an estimated £263,120. It was last sold for £250,000 in January 2022, which was about the average January 2022 terraced price in the Luton local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

28 DITCHLING CLOSE Sold Prices

Land registry data shows four sales for 28 DITCHLING 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 Luton local authority area for the corresponding sale date. The four 28 DITCHLING CLOSE sales were a mix of roughly equal to the average price, and above 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
2022 6 JAN	£250,000	£250,907	Close to HPI
2013 24 MAY	£141,000	£137,457	3% above HPI
2003 21 NOV	£120,000	£112,325	7% above HPI
2002 25 APR	£80,000	£79,074	1% above HPI

28 DITCHLING 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 four 28 DITCHLING CLOSE sales between April 2002 and January 2022 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 May 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 28 DITCHLING CLOSE be worth now?

28 DITCHLING CLOSE might now be worth an estimated £263,120.

This is based on house price inflation of 5.2%, between January 2022 and April 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 5.2% inflationary increase is applied to the most recent sale price for 28 DITCHLING CLOSE of £250,000 on 6th January 2022. For the value to have increased from £250,000 to £263,120 over the three years and nine months to April 2026, the following assumptions must hold true:

• The value of 28 DITCHLING CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The January 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 28 DITCHLING CLOSE has not materially changed since January 2022.

How Large is 28 DITCHLING CLOSE?

28 DITCHLING CLOSE is 50m² according to the EPC inspection conducted in November 2012. 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 28 DITCHLING CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 28 DITCHLING CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

28 DITCHLING CLOSE: Plot and Title Map

28 DITCHLING CLOSE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 28 DITCHLING 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 28 DITCHLING 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 28 DITCHLING CLOSE?

28 DITCHLING CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 28 on DITCHLING CLOSE.