15, MARKFIELD CLOSE, LUTON, LU3 2HY - £533,000

15 MARKFIELD CLOSE is a very large extended detached house of 142m², built sometime between 1976 and 1982. It was last sold for £533,000 in October 2021, which was around 22% above the average October 2021 detached price in the Luton local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

15 MARKFIELD CLOSE Sold Prices

Land registry data shows three sales for 15 MARKFIELD 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 15 MARKFIELD 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
2021 29 OCT	£533,000	£435,989	22% above HPI
2012 9 MAR	£305,000	£243,054	25% above HPI
1995 17 AUG	£99,000	£74,562	33% above HPI

15 MARKFIELD 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 15 MARKFIELD CLOSE sales between August 1995 and October 2021 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 2012 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2021 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 15 MARKFIELD CLOSE?

15 MARKFIELD CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in August 2021. 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 15 MARKFIELD CLOSE lies on this distribution: 81% of detached houses are smaller than 15 MARKFIELD CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Luton.

15 MARKFIELD CLOSE: Plot and Title Map

15 MARKFIELD CLOSE sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 15 MARKFIELD 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 15 MARKFIELD 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 15 MARKFIELD CLOSE?

15 MARKFIELD CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 15 on MARKFIELD CLOSE.