5, EDKINS CLOSE, LUTON, LU2 7SS - £229,995

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.

5 EDKINS CLOSE is a very small terraced house of 79m², built sometime between 1991 and 1995, which could now be worth an estimated £336,226. It was last sold for £229,995 in October 2015, which was around 27% above the average October 2015 terraced price in the Luton local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

5 EDKINS CLOSE Sold Prices

Land registry data shows four sales for 5 EDKINS 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. All of the four 5 EDKINS 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
2015 30 OCT	£229,995	£180,640	27% above HPI
2012 15 JUN	£170,000	£134,935	26% above HPI
2006 27 OCT	£172,500	£140,960	22% above HPI
1996 29 NOV	£56,000	£38,378	46% above HPI

5 EDKINS 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 four 5 EDKINS CLOSE sales between November 1996 and October 2015 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 June 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2015 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 5 EDKINS CLOSE be worth now?

5 EDKINS CLOSE might now be worth an estimated £336,226.

This is based on house price inflation of 46.2%, between October 2015 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 46.2% inflationary increase is applied to the most recent sale price for 5 EDKINS CLOSE of £229,995 on 30th October 2015. For the value to have increased from £229,995 to £336,226 over the eleven years and six months to April 2026, the following assumptions must hold true:

• The value of 5 EDKINS CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The October 2015 sale price of £229,995 represented a fair market value for the property.
• The size, condition, and specification of 5 EDKINS CLOSE has not materially changed since October 2015.

How Large is 5 EDKINS CLOSE?

5 EDKINS CLOSE is 79m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% 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 5 EDKINS CLOSE lies on this distribution: 13% of terraced houses houses are smaller than 5 EDKINS CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 EDKINS CLOSE: Plot and Title Map

5 EDKINS CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 5 EDKINS 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 5 EDKINS 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 5 EDKINS CLOSE?

5 EDKINS CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 5 on EDKINS CLOSE.