19, THE CLOSE, LUTON, LU3 2LR - £255,000

19 THE CLOSE is a large detached house of 129m², built sometime between 1950 and 1966. It was last sold for £255,000 in May 2019, which was around 35% below the average May 2019 detached price in the Luton local authority area. The most recent EPC inspection was May 2016, where the current energy rating was F, and the potential energy rating was B.

19 THE CLOSE Sold Prices

Land registry data shows three sales for 19 THE 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 19 THE 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
2019 2 MAY	£255,000	£395,091	35% below HPI
2004 30 JAN	£188,500	£219,006	14% below HPI
1995 3 MAR	£90,000	£74,423	21% above HPI

19 THE 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 19 THE CLOSE sales between March 1995 and May 2019 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 January 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 19 THE CLOSE?

19 THE CLOSE is 129m² according to the EPC inspection conducted in May 2016. 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 19 THE CLOSE lies on this distribution: 72% of detached houses are smaller than 19 THE CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Luton.

19 THE CLOSE: Plot and Title Map

19 THE CLOSE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 19 THE 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 19 THE 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 19 THE CLOSE?

19 THE CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 19 on THE CLOSE.