10, PREACHER CLOSE, LUTON, LU2 7FX - £474,950

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.

10 PREACHER CLOSE is a large detached house of 127m², built in 2016, which could now be worth an estimated £549,398. It was last sold for £474,950 in February 2018, which was around 17% above the average February 2018 detached price in the Luton local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

10 PREACHER CLOSE Sold Prices

Land registry data shows one sale for 10 PREACHER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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 9 FEB	£474,950	£406,036	17% above HPI

What might 10 PREACHER CLOSE be worth now?

10 PREACHER CLOSE might now be worth an estimated £549,398.

This is based on house price inflation of 15.7%, between February 2018 and May 2026, for 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 15.7% inflationary increase is applied to the most recent sale price for 10 PREACHER CLOSE of £474,950 on 9th February 2018. For the value to have increased from £474,950 to £549,398 over the seven years and nine months to May 2026, the following assumptions must hold true:

• The value of 10 PREACHER CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The February 2018 sale price of £474,950 represented a fair market value for the property.
• The size, condition, and specification of 10 PREACHER CLOSE has not materially changed since February 2018.

How Large is 10 PREACHER CLOSE?

10 PREACHER CLOSE is 127m² according to the EPC inspection conducted in October 2017. This puts it in the largest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 10 PREACHER CLOSE lies on this distribution: 69% of detached houses are smaller than 10 PREACHER CLOSE, and 30% of detached houses are larger. Note that EPC data is not available for all properties in Luton.

10 PREACHER CLOSE: Plot

10 PREACHER CLOSE sits on a plot of roughly 0.089 of an acre, or 360m².

Where is 10 PREACHER CLOSE?

10 PREACHER CLOSE is located in LUTON, in the LU2 postcode district.