1, BURFORD CLOSE, LUTON, LU3 4DS - £473,000

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.

1 BURFORD CLOSE is a very large detached house of 164m², built sometime between 1983 and 1990, which could now be worth an estimated £558,894. It was last sold for £473,000 in February 2020, which was around 21% above the average February 2020 detached price in the Luton local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

1 BURFORD CLOSE Sold Prices

Land registry data shows three sales for 1 BURFORD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 1 BURFORD CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 3 FEB	£473,000	£392,179	21% above HPI
2002 16 SEP	£275,000	£184,231	49% above HPI
1999 30 SEP	£170,000	£105,609	61% above HPI

1 BURFORD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The three 1 BURFORD CLOSE sales between September 1999 and February 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2002 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the February 2020 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 1 BURFORD CLOSE be worth now?

1 BURFORD CLOSE might now be worth an estimated £558,894.

This is based on house price inflation of 18.2%, between February 2020 and March 2025, 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 18.2% inflationary increase is applied to the most recent sale price for 1 BURFORD CLOSE of £473,000 on 3rd February 2020. For the value to have increased from £473,000 to £558,894 over the four years and eleven months to March 2025, the following assumptions must hold true:

• The value of 1 BURFORD CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The February 2020 sale price of £473,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BURFORD CLOSE has not materially changed since February 2020.

How Large is 1 BURFORD CLOSE?

1 BURFORD CLOSE is 164m² according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 1 BURFORD CLOSE lies on this distribution: 89% of detached houses houses are smaller than 1 BURFORD CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 BURFORD CLOSE: Plot and Title Map

1 BURFORD CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 1 BURFORD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 BURFORD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 BURFORD CLOSE?

1 BURFORD CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 1 on BURFORD CLOSE.