8, LAUNTON CLOSE, LUTON, LU3 4BF - £582,000

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 LAUNTON CLOSE is a large extended detached house of 132m², built sometime between 1991 and 1995, which could now be worth an estimated £573,766. It was last sold for £582,000 in September 2022, which was around 22% above the average September 2022 detached price in the Luton local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

8 LAUNTON CLOSE Sold Prices

Land registry data shows one sale for 8 LAUNTON 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
2022 9 SEP	£582,000	£476,422	22% above HPI

What might 8 LAUNTON CLOSE be worth now?

8 LAUNTON CLOSE might now be worth an estimated £573,766.

This is based on house price deflation of 1.4%, between September 2022 and May 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 1.4% deflationary decrease is applied to the most recent sale price for 8 LAUNTON CLOSE of £582,000 on 9th September 2022. For the value to have decreased from £582,000 to £573,766 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 8 LAUNTON CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The September 2022 sale price of £582,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LAUNTON CLOSE has not materially changed since September 2022.

How Large is 8 LAUNTON CLOSE?

8 LAUNTON CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% 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 LAUNTON CLOSE lies on this distribution: 74% of detached houses are smaller than 8 LAUNTON CLOSE, and 25% of detached houses are larger. Note that EPC data is not available for all properties in Luton.

8 LAUNTON CLOSE: Plot

8 LAUNTON CLOSE sits on a plot of roughly 0.090 of an acre, or 363m².

Where is 8 LAUNTON CLOSE?

8 LAUNTON CLOSE is located in LUTON, in the LU3 postcode district.