3, STONELEIGH CLOSE, LUTON, LU3 3XE - £530,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 STONELEIGH CLOSE is a large detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £538,140. It was last sold for £530,000 in March 2022, which was around 17% above the average March 2022 detached price in the Luton local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

3 STONELEIGH CLOSE Sold Prices

Land registry data shows two sales for 3 STONELEIGH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. One of the two 3 STONELEIGH CLOSE sales was for above the average price, whilst the other was 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
2022 8 MAR	£530,000	£454,363	17% above HPI
2021 11 JUN	£400,000	£409,238	2% below HPI

3 STONELEIGH 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 two 3 STONELEIGH CLOSE sales from June 2021 and March 2022 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 June 2021 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 3 STONELEIGH CLOSE be worth now?

3 STONELEIGH CLOSE might now be worth an estimated £538,140.

This is based on house price inflation of 1.5%, between March 2022 and February 2025, for 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 1.5% inflationary increase is applied to the most recent sale price for 3 STONELEIGH CLOSE of £530,000 on 8th March 2022. For the value to have increased from £530,000 to £538,140 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 3 STONELEIGH CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The March 2022 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STONELEIGH CLOSE has not materially changed since March 2022.

How Large is 3 STONELEIGH CLOSE?

3 STONELEIGH CLOSE is 119m² according to the EPC inspection conducted in March 2021. This puts it in the largest 40% of detached houses houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 3 STONELEIGH CLOSE lies on this distribution: 62% of detached houses houses are smaller than 3 STONELEIGH CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 STONELEIGH CLOSE: Plot and Title Map

3 STONELEIGH CLOSE sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 3 STONELEIGH 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 3 STONELEIGH 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 3 STONELEIGH CLOSE?

3 STONELEIGH CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 3 on STONELEIGH CLOSE.