5, WARMINSTER CLOSE, LUTON, LU2 8UJ - £640,000

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.

5 WARMINSTER CLOSE is a very large extended detached house of 208m², built sometime between 1983 and 1990, which could now be worth an estimated £645,928. It was last sold for £640,000 in May 2022, which was around 40% above the average May 2022 detached price in the Luton local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

5 WARMINSTER CLOSE Sold Prices

Land registry data shows four sales for 5 WARMINSTER 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. All of the four 5 WARMINSTER 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
2022 12 MAY	£640,000	£457,107	40% above HPI
2009 12 NOV	£340,000	£235,420	44% above HPI
2002 5 FEB	£232,500	£154,458	51% above HPI
2000 8 SEP	£225,000	£131,310	71% above HPI

5 WARMINSTER 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 5 WARMINSTER CLOSE sales between September 2000 and May 2022 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 November 2009 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the May 2022 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 5 WARMINSTER CLOSE be worth now?

5 WARMINSTER CLOSE might now be worth an estimated £645,928.

This is based on house price inflation of 0.9%, between May 2022 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 0.9% inflationary increase is applied to the most recent sale price for 5 WARMINSTER CLOSE of £640,000 on 12th May 2022. For the value to have increased from £640,000 to £645,928 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 5 WARMINSTER CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The May 2022 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WARMINSTER CLOSE has not materially changed since May 2022.

How Large is 5 WARMINSTER CLOSE?

5 WARMINSTER CLOSE is 208m², which includes four extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 10% 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 5 WARMINSTER CLOSE lies on this distribution: 96% of detached houses houses are smaller than 5 WARMINSTER CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 WARMINSTER CLOSE: Plot and Title Map

5 WARMINSTER CLOSE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 5 WARMINSTER 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 5 WARMINSTER 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 5 WARMINSTER CLOSE?

5 WARMINSTER CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 5 on WARMINSTER CLOSE.