2, LAMBS CLOSE, DUNSTABLE, LU5 4QA - £188,000

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

2 LAMBS CLOSE is a very small extended semi-detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £358,662. It was last sold for £188,000 in May 2013, which was around 5% below the average May 2013 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

2 LAMBS CLOSE Sold Prices

Land registry data shows two sales for 2 LAMBS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. One of the two 2 LAMBS CLOSE sales was for below the average price, whilst the other was 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
2013 3 MAY	£188,000	£198,835	5% below HPI
2005 12 DEC	£212,000	£183,364	16% above HPI

2 LAMBS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 2 LAMBS CLOSE sales from December 2005 and May 2013 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 December 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2013 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 LAMBS CLOSE be worth now?

2 LAMBS CLOSE might now be worth an estimated £358,662.

This is based on house price inflation of 90.8%, between May 2013 and February 2025, for semi-detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 90.8% inflationary increase is applied to the most recent sale price for 2 LAMBS CLOSE of £188,000 on 3rd May 2013. For the value to have increased from £188,000 to £358,662 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 2 LAMBS CLOSE has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The May 2013 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAMBS CLOSE has not materially changed since May 2013.

How Large is 2 LAMBS CLOSE?

2 LAMBS CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% 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 2 LAMBS CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 2 LAMBS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 LAMBS CLOSE: Plot and Title Map

2 LAMBS CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 2 LAMBS 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 2 LAMBS 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 2 LAMBS CLOSE?

2 LAMBS CLOSE is located in DUNSTABLE, in the LU5 postcode district. The below map shows the position of No. 2 on LAMBS CLOSE.