4, KERSHAW CLOSE, LUTON, LU3 4AT - £242,000

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

4 KERSHAW CLOSE is a small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £242,000 in July 2014, which was around 10% below the average July 2014 detached price in the Luton local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

4 KERSHAW CLOSE Sold Prices

Land registry data shows four sales for 4 KERSHAW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Two of the four 4 KERSHAW CLOSE sales were for below the average price, whilst one was 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
2014 11 JUL	£242,000	£269,233	10% below HPI
2006 22 SEP	£204,000	£242,200	16% below HPI
2000 28 JAN	£113,000	£113,369	Close to HPI
1996 14 JUN	£73,000	£72,489	1% above HPI

4 KERSHAW 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 four 4 KERSHAW CLOSE sales between June 1996 and July 2014 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 September 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 4 KERSHAW CLOSE be worth now?

4 KERSHAW CLOSE might now be worth an estimated £419,501.

This is based on house price inflation of 73.3%, between July 2014 and December 2024, 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 73.3% inflationary increase is applied to the most recent sale price for 4 KERSHAW CLOSE of £242,000 on 11th July 2014. For the value to have increased from £242,000 to £419,501 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 4 KERSHAW CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The July 2014 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 4 KERSHAW CLOSE has not materially changed since July 2014.

How Large is 4 KERSHAW CLOSE?

4 KERSHAW CLOSE is 89m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% 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 4 KERSHAW CLOSE lies on this distribution: 25% of detached houses houses are smaller than 4 KERSHAW CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 KERSHAW CLOSE: Plot and Title Map

4 KERSHAW CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 4 KERSHAW 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 KERSHAW 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 KERSHAW CLOSE?

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