1, WISEMAN CLOSE, LUTON, LU2 7GE - £450,000

1 WISEMAN CLOSE is a very large detached house of 150m², built sometime between 1991 and 1995. It was last sold for £450,000 in July 2018, which was around 11% below the average July 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

1 WISEMAN CLOSE Sold Prices

Land registry data shows two sales for 1 WISEMAN 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 Central Bedfordshire local authority area for the corresponding sale date. One of the two 1 WISEMAN CLOSE sales was for below the average price, whilst the other was 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
2018 19 JUL	£450,000	£503,472	11% below HPI
1998 29 APR	£133,500	£127,846	4% above HPI

1 WISEMAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 1 WISEMAN CLOSE sales from April 1998 and July 2018 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 April 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 WISEMAN CLOSE?

1 WISEMAN CLOSE is 150m² according to the EPC inspection conducted in September 2017. This puts it in the largest 20% 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 WISEMAN CLOSE lies on this distribution: 85% of detached houses are smaller than 1 WISEMAN CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 WISEMAN CLOSE: Plot and Title Map

1 WISEMAN CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 1 WISEMAN 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 WISEMAN 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 WISEMAN CLOSE?

1 WISEMAN CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 1 on WISEMAN CLOSE.