12, LORIMER CLOSE, LUTON, LU2 7RL - £145,000

12 LORIMER CLOSE is a very small detached house of 67m², built sometime between 1991 and 1995. It was last sold for £145,000 in November 2002, which was around 27% below the average November 2002 detached price in the Luton local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

12 LORIMER CLOSE Sold Prices

Land registry data shows three sales for 12 LORIMER 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. Two of the three 12 LORIMER CLOSE sales were for below the average price, whilst one 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
2002 5 NOV	£145,000	£199,105	27% below HPI
1999 29 OCT	£91,000	£108,263	16% below HPI
1997 21 MAR	£77,950	£77,137	1% above HPI

12 LORIMER 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 12 LORIMER CLOSE sales between March 1997 and November 2002 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 October 1999 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2002 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 12 LORIMER CLOSE?

12 LORIMER CLOSE is 67m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 12 LORIMER CLOSE lies on this distribution: 5% of detached houses are smaller than 12 LORIMER CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Luton.

12 LORIMER CLOSE: Plot and Title Map

12 LORIMER CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 12 LORIMER 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 12 LORIMER 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 12 LORIMER CLOSE?

12 LORIMER CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 12 on LORIMER CLOSE.