1, CHALLNEY CLOSE, LUTON, LU4 9TF - £249,000

1 CHALLNEY CLOSE is a large extended detached house of 130m², built sometime between 1930 and 1949. It was last sold for £249,000 in July 2015, which was around 20% below the average July 2015 detached price in the Luton local authority area. The most recent EPC inspection was May 2013, where the current energy rating was F, and the potential energy rating was E.

1 CHALLNEY CLOSE Sold Prices

Land registry data shows three sales for 1 CHALLNEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 1 CHALLNEY 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
2015 24 JUL	£249,000	£310,422	20% below HPI
2014 12 MAR	£176,000	£258,459	32% below HPI
2007 2 MAR	£185,000	£250,999	26% below HPI

1 CHALLNEY 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 three 1 CHALLNEY CLOSE sales between March 2007 and July 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 March 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2015 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 CHALLNEY CLOSE?

1 CHALLNEY CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 1 CHALLNEY CLOSE lies on this distribution: 73% of detached houses are smaller than 1 CHALLNEY CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 CHALLNEY CLOSE: Plot and Title Map

1 CHALLNEY CLOSE sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 1 CHALLNEY 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 1 CHALLNEY 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 1 CHALLNEY CLOSE?

1 CHALLNEY CLOSE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 1 on CHALLNEY CLOSE.