4, NYMANS CLOSE, LUTON, LU2 8RP - £525,000

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.

4 NYMANS CLOSE is a midsized detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £534,891. It was last sold for £525,000 in August 2023, which was around 13% above the average August 2023 detached price in the Luton local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

4 NYMANS CLOSE Sold Prices

Land registry data shows four sales for 4 NYMANS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 4 NYMANS 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
2023 11 AUG	£525,000	£463,747	13% above HPI
2018 9 NOV	£417,500	£403,109	4% above HPI
2009 8 SEP	£270,000	£226,452	19% above HPI
1997 26 MAR	£115,000	£76,685	50% above HPI

4 NYMANS 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 four 4 NYMANS CLOSE sales between March 1997 and August 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 November 2018 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 4 NYMANS CLOSE be worth now?

4 NYMANS CLOSE might now be worth an estimated £534,891.

This is based on house price inflation of 1.9%, between August 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 1.9% inflationary increase is applied to the most recent sale price for 4 NYMANS CLOSE of £525,000 on 11th August 2023. For the value to have increased from £525,000 to £534,891 over the three years and four months to April 2026, the following assumptions must hold true:

• The value of 4 NYMANS CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The August 2023 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NYMANS CLOSE has not materially changed since August 2023.

How Large is 4 NYMANS CLOSE?

4 NYMANS CLOSE is 113m² according to the EPC inspection conducted in January 2016. This puts it in the largest 50% 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 4 NYMANS CLOSE lies on this distribution: 55% of detached houses houses are smaller than 4 NYMANS CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 NYMANS CLOSE: Plot and Title Map

4 NYMANS CLOSE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 4 NYMANS 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 4 NYMANS 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 4 NYMANS CLOSE?

4 NYMANS CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 4 on NYMANS CLOSE.