8, DITCHLING CLOSE, LUTON, LU2 8JR - £320,000

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.

8 DITCHLING CLOSE is a small extended terraced house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £317,001. It was last sold for £320,000 in September 2022, which was around 20% above the average September 2022 terraced price in the Luton local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

8 DITCHLING CLOSE Sold Prices

Land registry data shows five sales for 8 DITCHLING 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 8 DITCHLING CLOSE sales were a mix of above 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
2022 13 SEP	£320,000	£266,573	20% above HPI
2016 29 FEB	£248,000	£191,698	29% above HPI
2008 26 SEP	£145,550	£145,411	Close to HPI
2005 12 MAY	£164,000	£129,890	26% above HPI
1999 11 MAR	£74,000	£49,518	49% above HPI

8 DITCHLING 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 8 DITCHLING CLOSE sales between March 1999 and September 2022 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 February 2016 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the September 2022 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 8 DITCHLING CLOSE be worth now?

8 DITCHLING CLOSE might now be worth an estimated £317,001.

This is based on house price deflation of 0.9%, between September 2022 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 0.9% deflationary decrease is applied to the most recent sale price for 8 DITCHLING CLOSE of £320,000 on 13th September 2022. For the value to have decreased from £320,000 to £317,001 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 8 DITCHLING CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The September 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DITCHLING CLOSE has not materially changed since September 2022.

How Large is 8 DITCHLING CLOSE?

8 DITCHLING CLOSE is 92m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the smallest 30% 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 8 DITCHLING CLOSE lies on this distribution: 28% of terraced houses houses are smaller than 8 DITCHLING CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Luton.

8 DITCHLING CLOSE: Plot and Title Map

8 DITCHLING CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 8 DITCHLING 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 8 DITCHLING 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 8 DITCHLING CLOSE?

8 DITCHLING CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 8 on DITCHLING CLOSE.