3, STONEWAYS CLOSE, LUTON, LU4 9EG - £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.

3 STONEWAYS CLOSE is a small semi-detached house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £312,363. It was last sold for £255,000 in May 2020, which was around 5% below the average May 2020 semi-detached price in the Luton local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

3 STONEWAYS CLOSE Sold Prices

Land registry data shows one sale for 3 STONEWAYS 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
2020 7 MAY	£255,000	£267,806	5% below HPI

What might 3 STONEWAYS CLOSE be worth now?

3 STONEWAYS CLOSE might now be worth an estimated £312,363.

This is based on house price inflation of 22.5%, between May 2020 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 22.5% inflationary increase is applied to the most recent sale price for 3 STONEWAYS CLOSE of £255,000 on 7th May 2020. For the value to have increased from £255,000 to £312,363 over the six years to May 2026, the following assumptions must hold true:

• The value of 3 STONEWAYS CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The May 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STONEWAYS CLOSE has not materially changed since May 2020.

How Large is 3 STONEWAYS CLOSE?

3 STONEWAYS CLOSE is 81m² according to the EPC inspection conducted in August 2013. 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 3 STONEWAYS CLOSE lies on this distribution: 39% of semi-detached houses are smaller than 3 STONEWAYS CLOSE, and 59% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

3 STONEWAYS CLOSE: Plot

3 STONEWAYS CLOSE sits on a plot of roughly 0.039 of an acre, or 156m².

Where is 3 STONEWAYS CLOSE?

3 STONEWAYS CLOSE is located in LUTON, in the LU4 postcode district.