1, NYMANS CLOSE, LUTON, LU2 8RP - £390,000

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 NYMANS CLOSE is a large extended detached house of 138m², built sometime between 1983 and 1990, which could now be worth an estimated £443,419. It was last sold for £390,000 in March 2018, which was around 4% below the average March 2018 detached price in the Luton local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

1 NYMANS CLOSE Sold Prices

Land registry data shows four sales for 1 NYMANS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Most of the four 1 NYMANS 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
2018 16 MAR	£390,000	£405,763	4% below HPI
2011 15 JUN	£281,000	£237,848	18% above HPI
2005 15 SEP	£299,500	£235,291	27% above HPI
2000 25 JUL	£208,000	£128,915	61% above HPI

1 NYMANS 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 four 1 NYMANS CLOSE sales between July 2000 and March 2018 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 June 2011 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 NYMANS CLOSE be worth now?

1 NYMANS CLOSE might now be worth an estimated £443,419.

This is based on house price inflation of 13.7%, between March 2018 and February 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 13.7% inflationary increase is applied to the most recent sale price for 1 NYMANS CLOSE of £390,000 on 16th March 2018. For the value to have increased from £390,000 to £443,419 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 1 NYMANS CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The March 2018 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NYMANS CLOSE has not materially changed since March 2018.

How Large is 1 NYMANS CLOSE?

1 NYMANS CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 30% 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 NYMANS CLOSE lies on this distribution: 79% of detached houses houses are smaller than 1 NYMANS CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 NYMANS CLOSE: Plot and Title Map

1 NYMANS CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 1 NYMANS 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 NYMANS 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 NYMANS CLOSE?

1 NYMANS CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 1 on NYMANS CLOSE.