5, LAUREL CLOSE, LUTON, LU4 9FB - £280,000

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.

5 LAUREL CLOSE is a large terraced house of 82m², built in 2016, which could now be worth an estimated £329,109. It was last sold for £280,000 in September 2017, which was around 25% above the average September 2017 terraced price in the Luton local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

5 LAUREL CLOSE Sold Prices

Land registry data shows one sale for 5 LAUREL 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
2017 14 SEP	£280,000	£224,670	25% above HPI

What might 5 LAUREL CLOSE be worth now?

5 LAUREL CLOSE might now be worth an estimated £329,109.

This is based on house price inflation of 17.5%, between September 2017 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 17.5% inflationary increase is applied to the most recent sale price for 5 LAUREL CLOSE of £280,000 on 14th September 2017. For the value to have increased from £280,000 to £329,109 over the nine years and five months to April 2026, the following assumptions must hold true:

• The value of 5 LAUREL CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The September 2017 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LAUREL CLOSE has not materially changed since September 2017.

How Large is 5 LAUREL CLOSE?

5 LAUREL CLOSE is 82m² according to the EPC inspection conducted in August 2017. This puts it in the largest 40% of terraced houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses by size in Luton, and where 5 LAUREL CLOSE lies on this distribution: 63% of terraced houses are smaller than 5 LAUREL CLOSE, and 35% of terraced houses are larger. Note that EPC data is not available for all properties in Luton.

5 LAUREL CLOSE: Plot

5 LAUREL CLOSE sits on a plot of roughly 0.055 of an acre, or 222m².

Where is 5 LAUREL CLOSE?

5 LAUREL CLOSE is located in LUTON, in the LU4 postcode district.