4, THORNAGE CLOSE, LUTON, LU2 7AT - £432,000

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 THORNAGE CLOSE is a very large detached house of 143m², built sometime between 1976 and 1982. It was last sold for £432,000 in August 2016, which was around 16% above the average August 2016 detached price in the Luton local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

4 THORNAGE CLOSE Sold Prices

Land registry data shows four sales for 4 THORNAGE 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. Most of the four 4 THORNAGE 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 19 AUG	£432,000	£373,357	16% above HPI
2007 22 JAN	£340,000	£245,507	38% above HPI
1996 29 NOV	£123,000	£74,902	64% above HPI
1995 30 AUG	£11,000	£74,125	85% below HPI

4 THORNAGE 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 THORNAGE CLOSE sales between August 1995 and August 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 January 2007 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 4 THORNAGE CLOSE be worth now?

4 THORNAGE CLOSE might now be worth an estimated £540,015.

This is based on house price inflation of 25%, between August 2016 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 25% inflationary increase is applied to the most recent sale price for 4 THORNAGE CLOSE of £432,000 on 19th August 2016. For the value to have increased from £432,000 to £540,015 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 THORNAGE CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The August 2016 sale price of £432,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THORNAGE CLOSE has not materially changed since August 2016.

How Large is 4 THORNAGE CLOSE?

4 THORNAGE CLOSE is 143m² according to the EPC inspection conducted in May 2016. This puts it in the largest 20% 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 THORNAGE CLOSE lies on this distribution: 81% of detached houses houses are smaller than 4 THORNAGE CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 THORNAGE CLOSE: Plot and Title Map

4 THORNAGE CLOSE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 4 THORNAGE 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 THORNAGE 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 THORNAGE CLOSE?

4 THORNAGE CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 4 on THORNAGE CLOSE.