4, MELFORD CLOSE, LUTON, LU2 9SN - £114,000

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.

4 MELFORD CLOSE is a large extended semi-detached house of 103m², built sometime between 1950 and 1966, which could now be worth an estimated £536,799. It was last sold for £114,000 in November 1999, which was around 64% above the average November 1999 semi-detached price in the Luton local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

4 MELFORD CLOSE Sold Prices

Land registry data shows one sale for 4 MELFORD 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
1999 12 NOV	£114,000	£69,668	64% above HPI

What might 4 MELFORD CLOSE be worth now?

4 MELFORD CLOSE might now be worth an estimated £536,799.

This is based on house price inflation of 370.9%, between November 1999 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 370.9% inflationary increase is applied to the most recent sale price for 4 MELFORD CLOSE of £114,000 on 12th November 1999. For the value to have increased from £114,000 to £536,799 over the 27 years and six months to May 2026, the following assumptions must hold true:

• The value of 4 MELFORD CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The November 1999 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MELFORD CLOSE has not materially changed since November 1999.

How Large is 4 MELFORD CLOSE?

4 MELFORD CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% 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 4 MELFORD CLOSE lies on this distribution: 79% of semi-detached houses are smaller than 4 MELFORD CLOSE, and 20% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

4 MELFORD CLOSE: Plot

4 MELFORD CLOSE sits on a plot of roughly 0.066 of an acre, or 266m².

Where is 4 MELFORD CLOSE?

4 MELFORD CLOSE is located in LUTON, in the LU2 postcode district.