8, HORNSBY CLOSE, LUTON, LU2 9HP - £247,500

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

8 HORNSBY CLOSE is a very small semi-detached house of 54m², built sometime between 1950 and 1966. It was last sold for £247,500 in May 2017, which was around 7% below the average May 2017 semi-detached price in the Luton local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

8 HORNSBY CLOSE Sold Prices

Land registry data shows two sales for 8 HORNSBY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Both of the two 8 HORNSBY CLOSE sales were for below 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
2017 12 MAY	£247,500	£266,623	7% below HPI
2012 30 NOV	£136,000	£166,577	18% below HPI

8 HORNSBY 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 two 8 HORNSBY CLOSE sales from November 2012 and May 2017 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 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 8 HORNSBY CLOSE be worth now?

8 HORNSBY CLOSE might now be worth an estimated £302,702.

This is based on house price inflation of 22.3%, between May 2017 and December 2024, 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 22.3% inflationary increase is applied to the most recent sale price for 8 HORNSBY CLOSE of £247,500 on 12th May 2017. For the value to have increased from £247,500 to £302,702 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 8 HORNSBY CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The May 2017 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 8 HORNSBY CLOSE has not materially changed since May 2017.

How Large is 8 HORNSBY CLOSE?

8 HORNSBY CLOSE is 54m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% 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 8 HORNSBY CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 8 HORNSBY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

8 HORNSBY CLOSE: Plot and Title Map

8 HORNSBY CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 8 HORNSBY 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 8 HORNSBY 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 8 HORNSBY CLOSE?

8 HORNSBY CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 8 on HORNSBY CLOSE.