9, PENDA CLOSE, LUTON, LU3 3UT - £272,500

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.

9 PENDA CLOSE is a very small semi-detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £269,729. It was last sold for £272,500 in December 2022, which was around 16% below the average December 2022 semi-detached price in the Luton local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

9 PENDA CLOSE Sold Prices

Land registry data shows three sales for 9 PENDA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. All of the three 9 PENDA 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
2022 15 DEC	£272,500	£325,199	16% below HPI
2007 12 JUN	£123,000	£178,909	31% below HPI
2003 29 AUG	£117,000	£143,273	18% below HPI

9 PENDA 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 three 9 PENDA CLOSE sales between August 2003 and December 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 June 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 9 PENDA CLOSE be worth now?

9 PENDA CLOSE might now be worth an estimated £269,729.

This is based on house price deflation of 1%, between December 2022 and February 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% deflationary decrease is applied to the most recent sale price for 9 PENDA CLOSE of £272,500 on 15th December 2022. For the value to have decreased from £272,500 to £269,729 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 9 PENDA CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The December 2022 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 9 PENDA CLOSE has not materially changed since December 2022.

How Large is 9 PENDA CLOSE?

9 PENDA CLOSE is 60m² according to the EPC inspection conducted in August 2022. 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 9 PENDA CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 9 PENDA CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Luton.

9 PENDA CLOSE: Plot and Title Map

9 PENDA CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 9 PENDA 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 9 PENDA 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 9 PENDA CLOSE?

9 PENDA CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 9 on PENDA CLOSE.