28, THE CLOSE, LUTON, LU3 2LR - £157,000

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.

28 THE CLOSE is a very large extended terraced house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £328,871. It was last sold for £157,000 in July 2009, which was around 25% above the average July 2009 terraced price in the Luton local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was C.

28 THE CLOSE Sold Prices

Land registry data shows one sale for 28 THE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2009 10 JUL	£157,000	£126,067	25% above HPI

What might 28 THE CLOSE be worth now?

28 THE CLOSE might now be worth an estimated £328,871.

This is based on house price inflation of 109.5%, between July 2009 and April 2026, for terraced 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 109.5% inflationary increase is applied to the most recent sale price for 28 THE CLOSE of £157,000 on 10th July 2009. For the value to have increased from £157,000 to £328,871 over the seventeen years and three months to April 2026, the following assumptions must hold true:

• The value of 28 THE CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The July 2009 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 28 THE CLOSE has not materially changed since July 2009.

How Large is 28 THE CLOSE?

28 THE CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the largest 10% of terraced houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses by size in Luton, and where 28 THE CLOSE lies on this distribution: 90% of terraced houses are smaller than 28 THE CLOSE, and 10% of terraced houses are larger. Note that EPC data is not available for all properties in Luton.

28 THE CLOSE: Plot

28 THE CLOSE sits on a plot of roughly 0.061 of an acre, or 247m².

Where is 28 THE CLOSE?

28 THE CLOSE is located in LUTON, in the LU3 postcode district.