16, PREACHER CLOSE, LUTON, LU2 7FX - £309,950

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.

16 PREACHER CLOSE is a small semi-detached house of 78m², built in 2016, which could now be worth an estimated £365,915. It was last sold for £309,950 in November 2017, which was around 12% above the average November 2017 semi-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.

16 PREACHER CLOSE Sold Prices

Land registry data shows one sale for 16 PREACHER 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
2017 24 NOV	£309,950	£277,876	12% above HPI

What might 16 PREACHER CLOSE be worth now?

16 PREACHER CLOSE might now be worth an estimated £365,915.

This is based on house price inflation of 18.1%, between November 2017 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 18.1% inflationary increase is applied to the most recent sale price for 16 PREACHER CLOSE of £309,950 on 24th November 2017. For the value to have increased from £309,950 to £365,915 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 16 PREACHER CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The November 2017 sale price of £309,950 represented a fair market value for the property.
• The size, condition, and specification of 16 PREACHER CLOSE has not materially changed since November 2017.

How Large is 16 PREACHER CLOSE?

16 PREACHER CLOSE is 78m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% 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 16 PREACHER CLOSE lies on this distribution: 32% of semi-detached houses are smaller than 16 PREACHER CLOSE, and 65% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

16 PREACHER CLOSE: Plot

16 PREACHER CLOSE sits on a plot of roughly 0.051 of an acre, or 207m².

Where is 16 PREACHER CLOSE?

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