8, WYKEN CLOSE, LUTON, LU3 3XL - £365,000

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

8 WYKEN CLOSE is a large extended detached house of 139m², built sometime between 1983 and 1990. It was last sold for £365,000 in August 2015, which was around 16% above the average August 2015 detached price in the Luton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

8 WYKEN CLOSE Sold Prices

Land registry data shows two sales for 8 WYKEN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 8 WYKEN 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
2015 25 AUG	£365,000	£314,950	16% above HPI
1996 24 MAY	£102,000	£70,445	45% above HPI

8 WYKEN 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 two 8 WYKEN CLOSE sales from May 1996 and August 2015 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 May 1996 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the August 2015 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 8 WYKEN CLOSE be worth now?

8 WYKEN CLOSE might now be worth an estimated £540,876.

This is based on house price inflation of 48.2%, between August 2015 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 48.2% inflationary increase is applied to the most recent sale price for 8 WYKEN CLOSE of £365,000 on 25th August 2015. For the value to have increased from £365,000 to £540,876 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 8 WYKEN CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The August 2015 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WYKEN CLOSE has not materially changed since August 2015.

How Large is 8 WYKEN CLOSE?

8 WYKEN CLOSE is 139m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 30% 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 8 WYKEN CLOSE lies on this distribution: 79% of detached houses houses are smaller than 8 WYKEN CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Luton.

8 WYKEN CLOSE: Plot and Title Map

8 WYKEN CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 8 WYKEN 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 WYKEN 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 WYKEN CLOSE?

8 WYKEN CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 8 on WYKEN CLOSE.