16, RENSHAW CLOSE, LUTON, LU2 8TD - £109,500

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 RENSHAW CLOSE is a small flat of 43m², built sometime between 1983 and 1990, which could now be worth an estimated £171,721. It was last sold for £109,500 in April 2010, which was around 8% above the average April 2010 flat price in the Luton local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

16 RENSHAW CLOSE Sold Prices

Land registry data shows five sales for 16 RENSHAW CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Luton local authority area for the corresponding sale date. Most of the five 16 RENSHAW CLOSE sales were for below 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
2010 16 APR	£109,500	£101,055	8% above HPI
2005 7 APR	£102,000	£105,105	3% below HPI
2003 13 MAR	£85,500	£87,263	2% below HPI
1999 28 MAY	£39,000	£38,583	1% above HPI
1997 27 FEB	£29,995	£30,436	1% below HPI

What might 16 RENSHAW CLOSE be worth now?

16 RENSHAW CLOSE might now be worth an estimated £171,721.

This is based on house price inflation of 56.8%, between April 2010 and May 2026, for flats, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.8% inflationary increase is applied to the most recent sale price for 16 RENSHAW CLOSE of £109,500 on 16th April 2010. For the value to have increased from £109,500 to £171,721 over the fifteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 16 RENSHAW CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The April 2010 sale price of £109,500 represented a fair market value for the property.
• The size, condition, and specification of 16 RENSHAW CLOSE has not materially changed since April 2010.

How Large is 16 RENSHAW CLOSE?

16 RENSHAW CLOSE is 43m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% of flats in Luton, based on EPC data. 30% of flats are smaller than 16 RENSHAW CLOSE, and 70% of flats are larger. Note that EPC data is not available for all properties in Luton.

16 RENSHAW CLOSE: Plot

16 RENSHAW CLOSE sits on a plot of roughly 0.131 of an acre, or 532m².

Where is 16 RENSHAW CLOSE?

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