17, LORIMER CLOSE, LUTON, LU2 7RL - £250,000

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

17 LORIMER CLOSE is a very small semi-detached house of 56m², built sometime between 1983 and 1990. It was last sold for £250,000 in October 2021, which was around 16% below the average October 2021 semi-detached price in the Luton local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

17 LORIMER CLOSE Sold Prices

Land registry data shows four sales for 17 LORIMER 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. two of the four 17 LORIMER CLOSE sales were for below the average price, and four were for above 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
2021 22 OCT	£250,000	£296,160	16% below HPI
2003 22 AUG	£124,995	£143,273	13% below HPI
2000 10 MAR	£77,500	£74,409	4% above HPI
1997 29 AUG	£58,000	£53,948	8% above HPI

17 LORIMER 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 17 LORIMER CLOSE sales between August 1997 and October 2021 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 August 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 17 LORIMER CLOSE be worth now?

17 LORIMER CLOSE might now be worth an estimated £275,265.

This is based on house price inflation of 10.1%, between October 2021 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 10.1% inflationary increase is applied to the most recent sale price for 17 LORIMER CLOSE of £250,000 on 22nd October 2021. For the value to have increased from £250,000 to £275,265 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 17 LORIMER CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The October 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 17 LORIMER CLOSE has not materially changed since October 2021.

How Large is 17 LORIMER CLOSE?

17 LORIMER CLOSE is 56m² according to the EPC inspection conducted in June 2021. 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 17 LORIMER CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 17 LORIMER CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Luton.

17 LORIMER CLOSE: Plot and Title Map

17 LORIMER CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 17 LORIMER 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 17 LORIMER 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 17 LORIMER CLOSE?

17 LORIMER CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 17 on LORIMER CLOSE.