37, STATHAM CLOSE, LUTON, LU3 4EJ - £340,000

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

37 STATHAM CLOSE is a large detached house of 126m², built sometime between 1991 and 1995, which could now be worth an estimated £445,122. It was last sold for £340,000 in March 2016, which was around 4% below the average March 2016 detached price in the Luton local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

37 STATHAM CLOSE Sold Prices

Land registry data shows five sales for 37 STATHAM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Luton local authority area for the corresponding sale date. One of the five 37 STATHAM CLOSE sales was for below the average price, whilst two 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
2016 31 MAR	£340,000	£352,389	4% below HPI
2012 15 JUN	£240,000	£239,054	Close to HPI
2007 1 MAR	£250,000	£249,527	Close to HPI
2000 9 MAY	£159,000	£122,437	30% above HPI
1996 26 JUN	£95,000	£72,489	31% above HPI

37 STATHAM 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 five 37 STATHAM CLOSE sales between June 1996 and March 2016 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 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 37 STATHAM CLOSE be worth now?

37 STATHAM CLOSE might now be worth an estimated £445,122.

This is based on house price inflation of 30.9%, between March 2016 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 30.9% inflationary increase is applied to the most recent sale price for 37 STATHAM CLOSE of £340,000 on 31st March 2016. For the value to have increased from £340,000 to £445,122 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 37 STATHAM CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The March 2016 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 37 STATHAM CLOSE has not materially changed since March 2016.

How Large is 37 STATHAM CLOSE?

37 STATHAM CLOSE is 126m² according to the EPC inspection conducted in July 2011. 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 STATHAM CLOSE lies on this distribution: 69% of detached houses houses are smaller than 37 STATHAM CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Luton.

37 STATHAM CLOSE: Plot and Title Map

37 STATHAM CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 37 STATHAM 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 STATHAM 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 STATHAM CLOSE?

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