3, BRACEBY CLOSE, LUTON, LU3 2TP - £355,000

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.

3 BRACEBY CLOSE is a very small semi-detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £366,557. It was last sold for £355,000 in July 2022, which was around 12% above the average July 2022 semi-detached price in the Luton local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

3 BRACEBY CLOSE Sold Prices

Land registry data shows one sale for 3 BRACEBY 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
2022 28 JUL	£355,000	£317,707	12% above HPI

What might 3 BRACEBY CLOSE be worth now?

3 BRACEBY CLOSE might now be worth an estimated £366,557.

This is based on house price inflation of 3.3%, between July 2022 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 3.3% inflationary increase is applied to the most recent sale price for 3 BRACEBY CLOSE of £355,000 on 28th July 2022. For the value to have increased from £355,000 to £366,557 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 3 BRACEBY CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The July 2022 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BRACEBY CLOSE has not materially changed since July 2022.

How Large is 3 BRACEBY CLOSE?

3 BRACEBY CLOSE is 59m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% 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 3 BRACEBY CLOSE lies on this distribution: 8% of semi-detached houses are smaller than 3 BRACEBY CLOSE, and 91% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

3 BRACEBY CLOSE: Plot

3 BRACEBY CLOSE sits on a plot of roughly 0.098 of an acre, or 398m².

Where is 3 BRACEBY CLOSE?

3 BRACEBY CLOSE is located in LUTON, in the LU3 postcode district.