4, RENSHAW CLOSE, LUTON, LU2 8TD - £135,500

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 RENSHAW CLOSE is a very small terraced house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £293,579. It was last sold for £135,500 in May 2004, which was around 12% above the average May 2004 terraced price in the Luton local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

4 RENSHAW CLOSE Sold Prices

Land registry data shows two sales for 4 RENSHAW 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 4 RENSHAW 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
2004 28 MAY	£135,500	£121,317	12% above HPI
2002 10 MAY	£91,995	£80,179	15% above HPI

4 RENSHAW 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 4 RENSHAW CLOSE sales from May 2002 and May 2004 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 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2004 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 4 RENSHAW CLOSE be worth now?

4 RENSHAW CLOSE might now be worth an estimated £293,579.

This is based on house price inflation of 116.7%, between May 2004 and May 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 116.7% inflationary increase is applied to the most recent sale price for 4 RENSHAW CLOSE of £135,500 on 28th May 2004. For the value to have increased from £135,500 to £293,579 over the 22 years to May 2026, the following assumptions must hold true:

• The value of 4 RENSHAW CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The May 2004 sale price of £135,500 represented a fair market value for the property.
• The size, condition, and specification of 4 RENSHAW CLOSE has not materially changed since May 2004.

How Large is 4 RENSHAW CLOSE?

4 RENSHAW CLOSE is 56m² according to the EPC inspection conducted in July 2018. 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 4 RENSHAW CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 4 RENSHAW CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 RENSHAW CLOSE: Plot and Title Map

4 RENSHAW CLOSE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 4 RENSHAW 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 RENSHAW 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 RENSHAW CLOSE?

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