12, BRACEBY CLOSE, LUTON, LU3 2TP - £270,000

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.

12 BRACEBY CLOSE is a very small extended semi-detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £332,386. It was last sold for £270,000 in September 2019, which was around 1% above the average September 2019 semi-detached price in the Luton local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

12 BRACEBY CLOSE Sold Prices

Land registry data shows one sale for 12 BRACEBY 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
2019 19 SEP	£270,000	£266,478	1% above HPI

What might 12 BRACEBY CLOSE be worth now?

12 BRACEBY CLOSE might now be worth an estimated £332,386.

This is based on house price inflation of 23.1%, between September 2019 and May 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 23.1% inflationary increase is applied to the most recent sale price for 12 BRACEBY CLOSE of £270,000 on 19th September 2019. For the value to have increased from £270,000 to £332,386 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 12 BRACEBY CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The September 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BRACEBY CLOSE has not materially changed since September 2019.

How Large is 12 BRACEBY CLOSE?

12 BRACEBY CLOSE is 65m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% 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 12 BRACEBY CLOSE lies on this distribution: 13% of semi-detached houses are smaller than 12 BRACEBY CLOSE, and 86% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

12 BRACEBY CLOSE: Plot

12 BRACEBY CLOSE sits on a plot of roughly 0.096 of an acre, or 388m².

Where is 12 BRACEBY CLOSE?

12 BRACEBY CLOSE is located in LUTON, in the LU3 postcode district.