5, HEATH CLOSE, LUTON, LU1 5SP - £129,995

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 HEATH CLOSE is a very small terraced house of 64m², built sometime between 1976 and 1982, which could now be worth an estimated £307,950. It was last sold for £129,995 in July 2003, which was around 17% above the average July 2003 terraced price in the Luton local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

5 HEATH CLOSE Sold Prices

Land registry data shows two sales for 5 HEATH 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 5 HEATH 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
2003 18 JUL	£129,995	£111,474	17% above HPI
2002 12 AUG	£105,000	£89,552	17% above HPI

5 HEATH 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 5 HEATH CLOSE sales from August 2002 and July 2003 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 August 2002 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2003 sale, which was also at 17% above the HPI.

What might 5 HEATH CLOSE be worth now?

5 HEATH CLOSE might now be worth an estimated £307,950.

This is based on house price inflation of 136.9%, between July 2003 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 136.9% inflationary increase is applied to the most recent sale price for 5 HEATH CLOSE of £129,995 on 18th July 2003. For the value to have increased from £129,995 to £307,950 over the 23 years and three months to April 2026, the following assumptions must hold true:

• The value of 5 HEATH CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The July 2003 sale price of £129,995 represented a fair market value for the property.
• The size, condition, and specification of 5 HEATH CLOSE has not materially changed since July 2003.

How Large is 5 HEATH CLOSE?

5 HEATH CLOSE is 64m² according to the EPC inspection conducted in January 2015. 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 5 HEATH CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 5 HEATH CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 HEATH CLOSE: Plot and Title Map

5 HEATH CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 5 HEATH 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 HEATH 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 HEATH CLOSE?

5 HEATH CLOSE is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 5 on HEATH CLOSE.