2, CADES CLOSE, LUTON, LU1 5QQ - £255,000

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 CADES CLOSE is a midsized semi-detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £325,510. It was last sold for £255,000 in February 2017, which was around 1% below the average February 2017 semi-detached price in the Luton local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

2 CADES CLOSE Sold Prices

Land registry data shows one sale for 2 CADES 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 10 FEB	£255,000	£256,990	1% below HPI

What might 2 CADES CLOSE be worth now?

2 CADES CLOSE might now be worth an estimated £325,510.

This is based on house price inflation of 27.7%, between February 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 27.7% inflationary increase is applied to the most recent sale price for 2 CADES CLOSE of £255,000 on 10th February 2017. For the value to have increased from £255,000 to £325,510 over the eight years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 CADES CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The February 2017 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CADES CLOSE has not materially changed since February 2017.

How Large is 2 CADES CLOSE?

2 CADES CLOSE is 85m² according to the EPC inspection conducted in January 2017. This puts it in the largest 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 CADES CLOSE lies on this distribution: 50% of semi-detached houses are smaller than 2 CADES CLOSE, and 47% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

2 CADES CLOSE: Plot

2 CADES CLOSE sits on a plot of roughly 0.098 of an acre, or 396m².

Where is 2 CADES CLOSE?

2 CADES CLOSE is located in LUTON, in the LU1 postcode district.