37, BURFORD CLOSE, LUTON, LU3 4DS - £456,000

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.

37 BURFORD CLOSE is a large extended detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £523,055. It was last sold for £456,000 in March 2021, which was around 13% above the average March 2021 detached price in the Luton local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

37 BURFORD CLOSE Sold Prices

Land registry data shows two sales for 37 BURFORD 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. Both of the two 37 BURFORD CLOSE sales 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 23 MAR	£456,000	£402,198	13% above HPI
1999 19 MAY	£155,000	£97,736	59% above HPI

37 BURFORD 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 37 BURFORD CLOSE sales from May 1999 and March 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 May 1999 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the March 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 37 BURFORD CLOSE be worth now?

37 BURFORD CLOSE might now be worth an estimated £523,055.

This is based on house price inflation of 14.7%, between March 2021 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 14.7% inflationary increase is applied to the most recent sale price for 37 BURFORD CLOSE of £456,000 on 23rd March 2021. For the value to have increased from £456,000 to £523,055 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 37 BURFORD CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The March 2021 sale price of £456,000 represented a fair market value for the property.
• The size, condition, and specification of 37 BURFORD CLOSE has not materially changed since March 2021.

How Large is 37 BURFORD CLOSE?

37 BURFORD CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in July 2013. 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 37 BURFORD CLOSE lies on this distribution: 68% of detached houses houses are smaller than 37 BURFORD CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Luton.

37 BURFORD CLOSE: Plot and Title Map

37 BURFORD CLOSE sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 37 BURFORD 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 37 BURFORD 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 37 BURFORD CLOSE?

37 BURFORD CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 37 on BURFORD CLOSE.