40, THE CLOSE, LUTON, LU3 2LR - £125,000

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.

40 THE CLOSE is a terraced house, which could now be worth an estimated £149,206. It was last sold for £125,000 in January 2019, which was around 43% below the average January 2019 terraced price in the Luton local authority area.

40 THE CLOSE Sold Prices

Land registry data shows four sales for 40 THE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. Most of the four 40 THE 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
2019 22 JAN	£125,000	£221,233	43% below HPI
2001 16 MAR	£93,000	£67,184	38% above HPI
1997 5 DEC	£54,250	£44,095	23% above HPI
1996 29 NOV	£50,250	£38,378	31% above HPI

What might 40 THE CLOSE be worth now?

40 THE CLOSE might now be worth an estimated £149,206.

This is based on house price inflation of 19.4%, between January 2019 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 19.4% inflationary increase is applied to the most recent sale price for 40 THE CLOSE of £125,000 on 22nd January 2019. For the value to have increased from £125,000 to £149,206 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of 40 THE CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The January 2019 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 40 THE CLOSE has not materially changed since January 2019.

Where is 40 THE CLOSE?

40 THE CLOSE is located in LUTON, in the LU3 postcode district.