16, HORNSBY CLOSE, LUTON, LU2 9HP - £222,000

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

16 HORNSBY CLOSE is a very small semi-detached house of 58m², built sometime between 1950 and 1966. It was last sold for £222,000 in February 2018, which was around 20% below the average February 2018 semi-detached price in the Luton local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

16 HORNSBY CLOSE Sold Prices

Land registry data shows four sales for 16 HORNSBY 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 16 HORNSBY 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
2018 28 FEB	£222,000	£276,325	20% below HPI
2013 26 JUL	£151,500	£167,247	9% below HPI
2006 29 SEP	£154,995	£167,949	8% below HPI
1997 24 NOV	£55,000	£55,409	1% below HPI

16 HORNSBY 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 16 HORNSBY CLOSE sales between November 1997 and February 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 July 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 16 HORNSBY CLOSE be worth now?

16 HORNSBY CLOSE might now be worth an estimated £261,981.

This is based on house price inflation of 18%, between February 2018 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% inflationary increase is applied to the most recent sale price for 16 HORNSBY CLOSE of £222,000 on 28th February 2018. For the value to have increased from £222,000 to £261,981 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 16 HORNSBY CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The February 2018 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HORNSBY CLOSE has not materially changed since February 2018.

How Large is 16 HORNSBY CLOSE?

16 HORNSBY CLOSE is 58m² according to the EPC inspection conducted in March 2013. 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 16 HORNSBY CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 16 HORNSBY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Luton.

16 HORNSBY CLOSE: Plot and Title Map

16 HORNSBY CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 16 HORNSBY 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 16 HORNSBY 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 16 HORNSBY CLOSE?

16 HORNSBY CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 16 on HORNSBY CLOSE.