1, HEATH CLOSE, LUTON, LU1 5SP - £143,000

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 HEATH CLOSE is a very small semi-detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £281,879. It was last sold for £143,000 in June 2012, which was around 12% below the average June 2012 semi-detached price in the Luton local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

1 HEATH CLOSE Sold Prices

Land registry data shows four sales for 1 HEATH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. All of the four 1 HEATH CLOSE sales were for below 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
2012 21 JUN	£143,000	£163,299	12% below HPI
2007 19 OCT	£169,995	£185,284	8% below HPI
2003 29 AUG	£140,000	£143,273	2% below HPI
1999 22 JUL	£64,000	£64,467	1% below HPI

1 HEATH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The four 1 HEATH CLOSE sales between July 1999 and June 2012 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 October 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2012 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 HEATH CLOSE be worth now?

1 HEATH CLOSE might now be worth an estimated £281,879.

This is based on house price inflation of 97.1%, between June 2012 and February 2025, 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 97.1% inflationary increase is applied to the most recent sale price for 1 HEATH CLOSE of £143,000 on 21st June 2012. For the value to have increased from £143,000 to £281,879 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 1 HEATH CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The June 2012 sale price of £143,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HEATH CLOSE has not materially changed since June 2012.

How Large is 1 HEATH CLOSE?

1 HEATH CLOSE is 68m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 1 HEATH CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 1 HEATH CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 HEATH CLOSE: Plot and Title Map

1 HEATH CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 1 HEATH 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 HEATH 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 HEATH CLOSE?

1 HEATH CLOSE is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 1 on HEATH CLOSE.