34, DITCHLING CLOSE, LUTON, LU2 8JR - £300,000

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.

34 DITCHLING CLOSE is a very small extended terraced house of 75m², built sometime between 1976 and 1982, which could now be worth an estimated £315,246. It was last sold for £300,000 in April 2022, which was around 19% above the average April 2022 terraced price in the Luton local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

34 DITCHLING CLOSE Sold Prices

Land registry data shows two sales for 34 DITCHLING 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 34 DITCHLING 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
2022 12 APR	£300,000	£251,304	19% above HPI
2010 16 DEC	£164,000	£134,738	22% above HPI

34 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 two 34 DITCHLING CLOSE sales from December 2010 and April 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 December 2010 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the April 2022 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 34 DITCHLING CLOSE be worth now?

34 DITCHLING CLOSE might now be worth an estimated £315,246.

This is based on house price inflation of 5.1%, between April 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 5.1% inflationary increase is applied to the most recent sale price for 34 DITCHLING CLOSE of £300,000 on 12th April 2022. For the value to have increased from £300,000 to £315,246 over the four years to April 2026, the following assumptions must hold true:

• The value of 34 DITCHLING CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The April 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 34 DITCHLING CLOSE has not materially changed since April 2022.

How Large is 34 DITCHLING CLOSE?

34 DITCHLING CLOSE is 75m², which includes two extensions, according to the EPC inspection conducted in August 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 34 DITCHLING CLOSE lies on this distribution: 9% of terraced houses houses are smaller than 34 DITCHLING CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Luton.

34 DITCHLING CLOSE: Plot and Title Map

34 DITCHLING CLOSE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 34 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 34 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 34 DITCHLING CLOSE?

34 DITCHLING CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 34 on DITCHLING CLOSE.