2, MARKFIELD CLOSE, LUTON, LU3 2HY - £280,000

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 MARKFIELD CLOSE is a small extended semi-detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £344,611. It was last sold for £280,000 in May 2017, which was around 5% above the average May 2017 semi-detached price in the Luton local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

2 MARKFIELD CLOSE Sold Prices

Land registry data shows one sale for 2 MARKFIELD 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 5 MAY	£280,000	£266,623	5% above HPI

What might 2 MARKFIELD CLOSE be worth now?

2 MARKFIELD CLOSE might now be worth an estimated £344,611.

This is based on house price inflation of 23.1%, between May 2017 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 23.1% inflationary increase is applied to the most recent sale price for 2 MARKFIELD CLOSE of £280,000 on 5th May 2017. For the value to have increased from £280,000 to £344,611 over the nine years and one month to April 2026, the following assumptions must hold true:

• The value of 2 MARKFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The May 2017 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARKFIELD CLOSE has not materially changed since May 2017.

How Large is 2 MARKFIELD CLOSE?

2 MARKFIELD CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in January 2024. 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 2 MARKFIELD CLOSE lies on this distribution: 33% of semi-detached houses are smaller than 2 MARKFIELD CLOSE, and 66% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

2 MARKFIELD CLOSE: Plot

2 MARKFIELD CLOSE sits on a plot of roughly 0.065 of an acre, or 262m².

Where is 2 MARKFIELD CLOSE?

2 MARKFIELD CLOSE is located in LUTON, in the LU3 postcode district.