3, WALNUT CLOSE, LUTON, LU2 9BB - £242,000

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 WALNUT CLOSE is a midsized detached house of 106m², built sometime between 1991 and 1995, which could now be worth an estimated £493,980. It was last sold for £242,000 in May 2005, which was around 5% above the average May 2005 detached price in the Luton local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

3 WALNUT CLOSE Sold Prices

Land registry data shows one sale for 3 WALNUT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2005 19 MAY	£242,000	£231,469	5% above HPI

What might 3 WALNUT CLOSE be worth now?

3 WALNUT CLOSE might now be worth an estimated £493,980.

This is based on house price inflation of 104.1%, between May 2005 and April 2026, for 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 104.1% inflationary increase is applied to the most recent sale price for 3 WALNUT CLOSE of £242,000 on 19th May 2005. For the value to have increased from £242,000 to £493,980 over the 21 years and one month to April 2026, the following assumptions must hold true:

• The value of 3 WALNUT CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The May 2005 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WALNUT CLOSE has not materially changed since May 2005.

How Large is 3 WALNUT CLOSE?

3 WALNUT CLOSE is 106m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 3 WALNUT CLOSE lies on this distribution: 47% of detached houses are smaller than 3 WALNUT CLOSE, and 52% of detached houses are larger. Note that EPC data is not available for all properties in Luton.

3 WALNUT CLOSE: Plot

3 WALNUT CLOSE sits on a plot of roughly 0.072 of an acre, or 292m².

Where is 3 WALNUT CLOSE?

3 WALNUT CLOSE is located in LUTON, in the LU2 postcode district.