6, SHANKLIN CLOSE, LUTON, LU3 3UH - £257,000

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 SHANKLIN CLOSE is a very small semi-detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £300,515. It was last sold for £257,000 in December 2018, which was around 7% below the average December 2018 semi-detached price in the Luton local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

6 SHANKLIN CLOSE Sold Prices

Land registry data shows three sales for 6 SHANKLIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. One of the three 6 SHANKLIN CLOSE sales was for below the average price, whilst two 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
2018 6 DEC	£257,000	£275,282	7% below HPI
2000 22 SEP	£89,000	£82,719	8% above HPI
1997 27 MAR	£58,500	£49,318	19% above HPI

6 SHANKLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The three 6 SHANKLIN CLOSE sales between March 1997 and December 2018 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 September 2000 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 6 SHANKLIN CLOSE be worth now?

6 SHANKLIN CLOSE might now be worth an estimated £300,515.

This is based on house price inflation of 16.9%, between December 2018 and February 2025, 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 16.9% inflationary increase is applied to the most recent sale price for 6 SHANKLIN CLOSE of £257,000 on 6th December 2018. For the value to have increased from £257,000 to £300,515 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 SHANKLIN CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The December 2018 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SHANKLIN CLOSE has not materially changed since December 2018.

How Large is 6 SHANKLIN CLOSE?

6 SHANKLIN CLOSE is 74m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 6 SHANKLIN CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 6 SHANKLIN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Luton.

6 SHANKLIN CLOSE: Plot and Title Map

6 SHANKLIN CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 6 SHANKLIN 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 6 SHANKLIN 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 6 SHANKLIN CLOSE?

6 SHANKLIN CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 6 on SHANKLIN CLOSE.