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

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 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 57% below the average February 2019 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 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	£408,255	57% below HPI
2002 4 OCT	£87,500	£192,010	54% below HPI
2001 20 APR	£59,995	£138,511	57% below HPI
1997 30 SEP	£35,500	£84,584	58% below HPI

11 GILDER 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 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 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the February 2019 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

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 detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 11 GILDER CLOSE lies on this distribution: Less than 1% of detached 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.