5, THE CLOSE, LUTON, LU3 2LR - £164,000

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 THE CLOSE is a very small semi-detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £337,642. It was last sold for £164,000 in March 2005, which was around 3% above the average March 2005 semi-detached price in the Luton local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

5 THE CLOSE Sold Prices

Land registry data shows one sale for 5 THE 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
2005 11 MAR	£164,000	£159,388	3% above HPI

What might 5 THE CLOSE be worth now?

5 THE CLOSE might now be worth an estimated £337,642.

This is based on house price inflation of 105.9%, between March 2005 and April 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 105.9% inflationary increase is applied to the most recent sale price for 5 THE CLOSE of £164,000 on 11th March 2005. For the value to have increased from £164,000 to £337,642 over the twenty years and eleven months to April 2026, the following assumptions must hold true:

• The value of 5 THE CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The March 2005 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE CLOSE has not materially changed since March 2005.

How Large is 5 THE CLOSE?

5 THE CLOSE is 64m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 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 5 THE CLOSE lies on this distribution: 13% of semi-detached houses are smaller than 5 THE CLOSE, and 87% of semi-detached houses are larger. Note that EPC data is not available for all properties in Luton.

5 THE CLOSE: Plot

5 THE CLOSE sits on a plot of roughly 0.070 of an acre, or 283m².

Where is 5 THE CLOSE?

5 THE CLOSE is located in LUTON, in the LU3 postcode district.