3, TEMPLE CLOSE, LUTON, LU2 7XZ - £145,000

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.

3 TEMPLE CLOSE is a very small terraced house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £293,244. It was last sold for £145,000 in May 2011, which was around 11% above the average May 2011 terraced price in the Luton local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

3 TEMPLE CLOSE Sold Prices

Land registry data shows two sales for 3 TEMPLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. Both of the two 3 TEMPLE CLOSE sales were for 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
2011 12 MAY	£145,000	£130,577	11% above HPI
2004 30 APR	£126,000	£120,081	5% above HPI

3 TEMPLE 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 two 3 TEMPLE CLOSE sales from April 2004 and May 2011 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 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2011 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 TEMPLE CLOSE be worth now?

3 TEMPLE CLOSE might now be worth an estimated £293,244.

This is based on house price inflation of 102.2%, between May 2011 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 102.2% inflationary increase is applied to the most recent sale price for 3 TEMPLE CLOSE of £145,000 on 12th May 2011. For the value to have increased from £145,000 to £293,244 over the fifteen years and one month to April 2026, the following assumptions must hold true:

• The value of 3 TEMPLE CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The May 2011 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 3 TEMPLE CLOSE has not materially changed since May 2011.

How Large is 3 TEMPLE CLOSE?

3 TEMPLE CLOSE is 53m² according to the EPC inspection conducted in August 2010. 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 3 TEMPLE CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 3 TEMPLE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 TEMPLE CLOSE: Plot and Title Map

3 TEMPLE CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 3 TEMPLE 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 3 TEMPLE 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 3 TEMPLE CLOSE?

3 TEMPLE CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 3 on TEMPLE CLOSE.