8, CHALLNEY CLOSE, LUTON, LU4 9TF - £183,000

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.

8 CHALLNEY CLOSE is a very small detached house of 52m², built sometime between 1976 and 1982, which could now be worth an estimated £376,100. It was last sold for £183,000 in December 2005, which was around 20% below the average December 2005 detached price in the Luton local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was B.

8 CHALLNEY CLOSE Sold Prices

Land registry data shows one sale for 8 CHALLNEY 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 16 DEC	£183,000	£229,898	20% below HPI

What might 8 CHALLNEY CLOSE be worth now?

8 CHALLNEY CLOSE might now be worth an estimated £376,100.

This is based on house price inflation of 105.5%, between December 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 105.5% inflationary increase is applied to the most recent sale price for 8 CHALLNEY CLOSE of £183,000 on 16th December 2005. For the value to have increased from £183,000 to £376,100 over the 21 years and eight months to April 2026, the following assumptions must hold true:

• The value of 8 CHALLNEY CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The December 2005 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHALLNEY CLOSE has not materially changed since December 2005.

How Large is 8 CHALLNEY CLOSE?

8 CHALLNEY CLOSE is 52m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 8 CHALLNEY CLOSE lies on this distribution: 1% of detached houses are smaller than 8 CHALLNEY CLOSE, and 99% of detached houses are larger. Note that EPC data is not available for all properties in Luton.

8 CHALLNEY CLOSE: Plot

8 CHALLNEY CLOSE sits on a plot of roughly 0.118 of an acre, or 477m².

Where is 8 CHALLNEY CLOSE?

8 CHALLNEY CLOSE is located in LUTON, in the LU4 postcode district.