7, FRESHWATER CLOSE, LUTON, LU3 3TA - £250,000

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.

7 FRESHWATER CLOSE is a small extended semi-detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £253,943. It was last sold for £250,000 in August 2023, which was around 22% below the average August 2023 semi-detached price in the Luton local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

7 FRESHWATER CLOSE Sold Prices

Land registry data shows five sales for 7 FRESHWATER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Most of the five 7 FRESHWATER 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
2023 11 AUG	£250,000	£319,431	22% below HPI
2016 30 SEP	£285,000	£255,663	11% above HPI
2012 30 NOV	£168,000	£166,577	1% above HPI
2005 28 FEB	£175,000	£158,224	11% above HPI
1995 8 DEC	£64,000	£48,146	33% above HPI

7 FRESHWATER 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 five 7 FRESHWATER CLOSE sales between December 1995 and August 2023 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 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 7 FRESHWATER CLOSE be worth now?

7 FRESHWATER CLOSE might now be worth an estimated £253,943.

This is based on house price inflation of 1.6%, between August 2023 and March 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 1.6% inflationary increase is applied to the most recent sale price for 7 FRESHWATER CLOSE of £250,000 on 11th August 2023. For the value to have increased from £250,000 to £253,943 over the two years and five months to March 2025, the following assumptions must hold true:

• The value of 7 FRESHWATER CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The August 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FRESHWATER CLOSE has not materially changed since August 2023.

How Large is 7 FRESHWATER CLOSE?

7 FRESHWATER CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 40% 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 7 FRESHWATER CLOSE lies on this distribution: 39% of semi-detached houses houses are smaller than 7 FRESHWATER CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Luton.

7 FRESHWATER CLOSE: Plot and Title Map

7 FRESHWATER CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 7 FRESHWATER 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 7 FRESHWATER 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 7 FRESHWATER CLOSE?

7 FRESHWATER CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 7 on FRESHWATER CLOSE.