65, PENDA CLOSE, LUTON, LU3 3UU - £131,000

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.

65 PENDA CLOSE is a very small terraced house of 54m², built sometime between 1976 and 1982, which could now be worth an estimated £226,269. It was last sold for £131,000 in July 2014, which was around 14% below the average July 2014 terraced price in the Luton local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

65 PENDA CLOSE Sold Prices

Land registry data shows five sales for 65 PENDA CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. The five 65 PENDA CLOSE sales were a mix of below the average price, and roughly equal to 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
2014 30 JUL	£131,000	£152,179	14% below HPI
2007 15 JUN	£130,000	£150,348	14% below HPI
2002 15 NOV	£91,500	£98,529	7% below HPI
2000 31 OCT	£65,000	£65,282	Close to HPI
1998 2 OCT	£43,500	£46,826	7% below HPI

65 PENDA 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 five 65 PENDA CLOSE sales between October 1998 and July 2014 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 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2014 sale, which was also at 14% below the HPI.

What might 65 PENDA CLOSE be worth now?

65 PENDA CLOSE might now be worth an estimated £226,269.

This is based on house price inflation of 72.7%, between July 2014 and May 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 72.7% inflationary increase is applied to the most recent sale price for 65 PENDA CLOSE of £131,000 on 30th July 2014. For the value to have increased from £131,000 to £226,269 over the twelve years and two months to May 2026, the following assumptions must hold true:

• The value of 65 PENDA CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The July 2014 sale price of £131,000 represented a fair market value for the property.
• The size, condition, and specification of 65 PENDA CLOSE has not materially changed since July 2014.

How Large is 65 PENDA CLOSE?

65 PENDA CLOSE is 54m² according to the EPC inspection conducted in October 2020. 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 65 PENDA CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 65 PENDA CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

65 PENDA CLOSE: Plot and Title Map

65 PENDA CLOSE sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 65 PENDA 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 65 PENDA 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 65 PENDA CLOSE?

65 PENDA CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 65 on PENDA CLOSE.