2, ALDERTON CLOSE, LUTON, LU2 9SA - £350,000

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.

2 ALDERTON CLOSE is a midsized semi-detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £416,666. It was last sold for £350,000 in March 2018, which was around 27% above the average March 2018 semi-detached price in the Luton local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

2 ALDERTON CLOSE Sold Prices

Land registry data shows one sale for 2 ALDERTON 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
2018 9 MAR	£350,000	£275,644	27% above HPI

What might 2 ALDERTON CLOSE be worth now?

2 ALDERTON CLOSE might now be worth an estimated £416,666.

This is based on house price inflation of 19%, between March 2018 and April 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 19% inflationary increase is applied to the most recent sale price for 2 ALDERTON CLOSE of £350,000 on 9th March 2018. For the value to have increased from £350,000 to £416,666 over the seven years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2 ALDERTON CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The March 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ALDERTON CLOSE has not materially changed since March 2018.

How Large is 2 ALDERTON CLOSE?

2 ALDERTON CLOSE is 83m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% 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 2 ALDERTON CLOSE lies on this distribution: 44% of semi-detached houses are smaller than 2 ALDERTON CLOSE, and 53% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

2 ALDERTON CLOSE: Plot

2 ALDERTON CLOSE sits on a plot of roughly 0.089 of an acre, or 360m².

Where is 2 ALDERTON CLOSE?

2 ALDERTON CLOSE is located in LUTON, in the LU2 postcode district.