1, SAFFRON CLOSE, LUTON, LU2 7GF - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 SAFFRON CLOSE is a midsized detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £499,547. It was last sold for £265,000 in July 2012, which was around 18% below the average July 2012 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

1 SAFFRON CLOSE Sold Prices

Land registry data shows three sales for 1 SAFFRON 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 Central Bedfordshire local authority area for the corresponding sale date. All of the three 1 SAFFRON 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 26 JUL	£265,000	£323,235	18% below HPI
2002 22 FEB	£190,000	£212,056	10% below HPI
1997 16 MAY	£111,000	£112,859	2% below HPI

1 SAFFRON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 1 SAFFRON CLOSE sales between May 1997 and July 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 February 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2012 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 SAFFRON CLOSE be worth now?

1 SAFFRON CLOSE might now be worth an estimated £499,547.

This is based on house price inflation of 88.5%, between July 2012 and December 2024, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 88.5% inflationary increase is applied to the most recent sale price for 1 SAFFRON CLOSE of £265,000 on 26th July 2012. For the value to have increased from £265,000 to £499,547 over the eleven years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 SAFFRON CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The July 2012 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SAFFRON CLOSE has not materially changed since July 2012.

How Large is 1 SAFFRON CLOSE?

1 SAFFRON CLOSE is 107m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% 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 SAFFRON CLOSE lies on this distribution: 50% of detached houses houses are smaller than 1 SAFFRON CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 SAFFRON CLOSE: Plot and Title Map

1 SAFFRON CLOSE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 1 SAFFRON 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 SAFFRON 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 SAFFRON CLOSE?

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