10, SHANKLIN CLOSE, LUTON, LU3 3UH - £190,000

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

10 SHANKLIN CLOSE is a small extended semi-detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £324,238. It was last sold for £190,000 in August 2014, which was around 1% above the average August 2014 semi-detached price in the Luton local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

10 SHANKLIN CLOSE Sold Prices

Land registry data shows three sales for 10 SHANKLIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Two of the three 10 SHANKLIN CLOSE sales were for above the average price, whilst one was 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
2014 15 AUG	£190,000	£188,625	1% above HPI
2007 4 JUL	£193,250	£178,706	8% above HPI
2006 11 MAY	£115,000	£162,272	29% below HPI

10 SHANKLIN 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 three 10 SHANKLIN CLOSE sales between May 2006 and August 2014 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 July 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 10 SHANKLIN CLOSE be worth now?

10 SHANKLIN CLOSE might now be worth an estimated £324,238.

This is based on house price inflation of 70.7%, between August 2014 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 70.7% inflationary increase is applied to the most recent sale price for 10 SHANKLIN CLOSE of £190,000 on 15th August 2014. For the value to have increased from £190,000 to £324,238 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 10 SHANKLIN CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The August 2014 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SHANKLIN CLOSE has not materially changed since August 2014.

How Large is 10 SHANKLIN CLOSE?

10 SHANKLIN CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 40% 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 10 SHANKLIN CLOSE lies on this distribution: 36% of semi-detached houses houses are smaller than 10 SHANKLIN CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Luton.

10 SHANKLIN CLOSE: Plot and Title Map

10 SHANKLIN CLOSE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 10 SHANKLIN 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 10 SHANKLIN 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 10 SHANKLIN CLOSE?

10 SHANKLIN CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 10 on SHANKLIN CLOSE.