2A, STRONNELL CLOSE, LUTON, LU2 9AS - £350,000

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.

2A STRONNELL CLOSE is a very small detached house of 83m², built in 2023, which could now be worth an estimated £354,645. It was last sold for £350,000 in September 2023, which was around 25% below the average September 2023 detached price in the Luton local authority area. The most recent EPC inspection was April 2023, where the current energy rating was B, and the potential energy rating was A.

2A STRONNELL CLOSE Sold Prices

Land registry data shows two sales for 2A STRONNELL 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 2A STRONNELL 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
2023 7 SEP	£350,000	£466,295	25% below HPI
2022 29 JUN	£90,000	£459,996	80% below HPI

2A STRONNELL 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 2A STRONNELL CLOSE sales from June 2022 and September 2023 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 June 2022 sale was for 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the September 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2A STRONNELL CLOSE be worth now?

2A STRONNELL CLOSE might now be worth an estimated £354,645.

This is based on house price inflation of 1.3%, between September 2023 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 1.3% inflationary increase is applied to the most recent sale price for 2A STRONNELL CLOSE of £350,000 on 7th September 2023. For the value to have increased from £350,000 to £354,645 over the three years and five months to April 2026, the following assumptions must hold true:

• The value of 2A STRONNELL CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The September 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2A STRONNELL CLOSE has not materially changed since September 2023.

How Large is 2A STRONNELL CLOSE?

2A STRONNELL CLOSE is 83m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% 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 2A STRONNELL CLOSE lies on this distribution: 17% of detached houses houses are smaller than 2A STRONNELL CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Luton.

2A STRONNELL CLOSE: Plot and Title Map

2A STRONNELL CLOSE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 2A STRONNELL 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 2A STRONNELL 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 2A STRONNELL CLOSE?

2A STRONNELL CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 2A on STRONNELL CLOSE.