4, LAUNTON CLOSE, LUTON, LU3 4BF - £392,500

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 LAUNTON CLOSE is a midsized detached house of 109m², built sometime between 1976 and 1982, which could now be worth an estimated £502,202. It was last sold for £392,500 in June 2016, which was around 9% above the average June 2016 detached price in the Luton local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

4 LAUNTON CLOSE Sold Prices

Land registry data shows three sales for 4 LAUNTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 4 LAUNTON 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
2016 10 JUN	£392,500	£360,565	9% above HPI
2006 21 JUL	£245,000	£235,091	4% above HPI
1996 30 SEP	£98,000	£74,708	31% above HPI

4 LAUNTON 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 three 4 LAUNTON CLOSE sales between September 1996 and June 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 July 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2016 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 4 LAUNTON CLOSE be worth now?

4 LAUNTON CLOSE might now be worth an estimated £502,202.

This is based on house price inflation of 27.9%, between June 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 27.9% inflationary increase is applied to the most recent sale price for 4 LAUNTON CLOSE of £392,500 on 10th June 2016. For the value to have increased from £392,500 to £502,202 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 4 LAUNTON CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The June 2016 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 4 LAUNTON CLOSE has not materially changed since June 2016.

How Large is 4 LAUNTON CLOSE?

4 LAUNTON CLOSE is 109m² according to the EPC inspection conducted in April 2014. This puts it in the largest 50% 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 LAUNTON CLOSE lies on this distribution: 51% of detached houses houses are smaller than 4 LAUNTON CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 LAUNTON CLOSE: Plot and Title Map

4 LAUNTON CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 4 LAUNTON 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 LAUNTON 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 LAUNTON CLOSE?

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