2, WISEMAN CLOSE, LUTON, LU2 7GE - £270,000

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 WISEMAN CLOSE is a midsized extended semi-detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £335,592. It was last sold for £270,000 in April 2019, which was around 12% below the average April 2019 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

2 WISEMAN CLOSE Sold Prices

Land registry data shows one sale for 2 WISEMAN 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 Central Bedfordshire 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
2019 26 APR	£270,000	£305,794	12% below HPI

What might 2 WISEMAN CLOSE be worth now?

2 WISEMAN CLOSE might now be worth an estimated £335,592.

This is based on house price inflation of 24.3%, between April 2019 and April 2026, for semi-detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.3% inflationary increase is applied to the most recent sale price for 2 WISEMAN CLOSE of £270,000 on 26th April 2019. For the value to have increased from £270,000 to £335,592 over the seven years to April 2026, the following assumptions must hold true:

• The value of 2 WISEMAN CLOSE has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The April 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WISEMAN CLOSE has not materially changed since April 2019.

How Large is 2 WISEMAN CLOSE?

2 WISEMAN CLOSE is 86m², which includes two extensions, according to the EPC inspection conducted in January 2019. 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 WISEMAN CLOSE lies on this distribution: 53% of semi-detached houses are smaller than 2 WISEMAN CLOSE, and 44% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

2 WISEMAN CLOSE: Plot

2 WISEMAN CLOSE sits on a plot of roughly 0.057 of an acre, or 230m².

Where is 2 WISEMAN CLOSE?

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