6, OATFIELD CLOSE, LUTON, LU4 0UH - £230,000

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.

6 OATFIELD CLOSE is a large extended semi-detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £279,941. It was last sold for £230,000 in May 2018, which was around 15% below the average May 2018 semi-detached price in the Luton local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

6 OATFIELD CLOSE Sold Prices

Land registry data shows one sale for 6 OATFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 11 MAY	£230,000	£271,372	15% below HPI

What might 6 OATFIELD CLOSE be worth now?

6 OATFIELD CLOSE might now be worth an estimated £279,941.

This is based on house price inflation of 21.7%, between May 2018 and July 2026, for semi-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 21.7% inflationary increase is applied to the most recent sale price for 6 OATFIELD CLOSE of £230,000 on 11th May 2018. For the value to have increased from £230,000 to £279,941 over the seven years and ten months to July 2026, the following assumptions must hold true:

• The value of 6 OATFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The May 2018 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 6 OATFIELD CLOSE has not materially changed since May 2018.

How Large is 6 OATFIELD CLOSE?

6 OATFIELD CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 30% of semi-detached houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Luton, and where 6 OATFIELD CLOSE lies on this distribution: 76% of semi-detached houses are smaller than 6 OATFIELD CLOSE, and 23% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

6 OATFIELD CLOSE: Plot

6 OATFIELD CLOSE sits on a plot of roughly 0.067 of an acre, or 273m².

Where is 6 OATFIELD CLOSE?

6 OATFIELD CLOSE is located in LUTON, in the LU4 postcode district.