4, HEATH CLOSE, LUTON, LU1 5SP - £160,000

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.

4 HEATH CLOSE is a very small semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £318,492. It was last sold for £160,000 in November 2009, which was around 1% below the average November 2009 semi-detached price in the Luton local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.

4 HEATH CLOSE Sold Prices

Land registry data shows two sales for 4 HEATH 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 Luton local authority area for the corresponding sale date. Both of the two 4 HEATH CLOSE sales were 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
2009 30 NOV	£160,000	£161,708	1% below HPI
2001 28 FEB	£82,000	£86,838	6% below HPI

4 HEATH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The two 4 HEATH CLOSE sales from February 2001 and November 2009 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 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2009 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 4 HEATH CLOSE be worth now?

4 HEATH CLOSE might now be worth an estimated £318,492.

This is based on house price inflation of 99.1%, between November 2009 and February 2025, for semi-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 99.1% inflationary increase is applied to the most recent sale price for 4 HEATH CLOSE of £160,000 on 30th November 2009. For the value to have increased from £160,000 to £318,492 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 HEATH CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The November 2009 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HEATH CLOSE has not materially changed since November 2009.

How Large is 4 HEATH CLOSE?

4 HEATH CLOSE is 78m² according to the EPC inspection conducted in August 2009. 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 4 HEATH CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 4 HEATH CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 HEATH CLOSE: Plot and Title Map

4 HEATH CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 4 HEATH 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 HEATH 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 HEATH CLOSE?

4 HEATH CLOSE is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 4 on HEATH CLOSE.