4, GILDER CLOSE, LUTON, LU3 4AX - £270,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 GILDER CLOSE is a large extended detached house of 137m², built sometime between 1983 and 1990. It was last sold for £270,000 in January 2013, which was around 10% above the average January 2013 detached price in the Luton local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

4 GILDER CLOSE Sold Prices

Land registry data shows two sales for 4 GILDER 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 4 GILDER 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
2013 7 JAN	£270,000	£246,372	10% above HPI
2000 1 FEB	£30,000	£114,990	74% below HPI

4 GILDER 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 4 GILDER CLOSE sales from February 2000 and January 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 February 2000 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the January 2013 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 4 GILDER CLOSE?

4 GILDER CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 4 GILDER CLOSE lies on this distribution: 78% of detached houses are smaller than 4 GILDER CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 GILDER CLOSE: Plot and Title Map

4 GILDER CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 4 GILDER 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 4 GILDER 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 4 GILDER CLOSE?

4 GILDER CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 4 on GILDER CLOSE.