11, GILDER CLOSE, LUTON, LU3 4AX - £176,500

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

11 GILDER CLOSE is a very small semi-detached house of 25m², built sometime between 1976 and 1982. It was last sold for £176,500 in February 2019, which was around 36% below the average February 2019 semi-detached price in the Luton local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

11 GILDER CLOSE Sold Prices

Land registry data shows four sales for 11 GILDER 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 11 GILDER 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
2019 28 FEB	£176,500	£275,118	36% below HPI
2002 4 OCT	£87,500	£122,279	28% below HPI
2001 20 APR	£59,995	£87,580	31% below HPI
1997 30 SEP	£35,500	£54,089	34% below HPI

11 GILDER 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 11 GILDER CLOSE sales between September 1997 and February 2019 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 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 11 GILDER CLOSE be worth now?

11 GILDER CLOSE might now be worth an estimated £209,201.

This is based on house price inflation of 18.5%, between February 2019 and December 2024, 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 18.5% inflationary increase is applied to the most recent sale price for 11 GILDER CLOSE of £176,500 on 28th February 2019. For the value to have increased from £176,500 to £209,201 over the four years and two months to December 2024, the following assumptions must hold true:

• The value of 11 GILDER CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The February 2019 sale price of £176,500 represented a fair market value for the property.
• The size, condition, and specification of 11 GILDER CLOSE has not materially changed since February 2019.

How Large is 11 GILDER CLOSE?

11 GILDER CLOSE is 25m² according to the EPC inspection conducted in October 2017. 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 11 GILDER CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 11 GILDER CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

11 GILDER CLOSE: Plot and Title Map

11 GILDER CLOSE sits on a plot of roughly 0.018 of an acre, or 73m². The below map shows the location of 11 GILDER 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 11 GILDER 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 11 GILDER CLOSE?

11 GILDER CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 11 on GILDER CLOSE.