2, KELLING CLOSE, LUTON, LU2 7ET - £407,000

2 KELLING CLOSE is a midsized detached house of 104m², built sometime between 1983 and 1990. It was last sold for £407,000 in May 2023, which was around 13% below the average May 2023 detached price in the Luton local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

2 KELLING CLOSE Sold Prices

Land registry data shows four sales for 2 KELLING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 2 KELLING 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
2023 12 MAY	£407,000	£467,965	13% below HPI
2019 28 JUN	£344,000	£393,575	13% below HPI
2015 26 FEB	£275,000	£284,130	3% below HPI
2004 26 NOV	£192,000	£233,676	18% below HPI

2 KELLING 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 four 2 KELLING CLOSE sales between November 2004 and May 2023 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 June 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2023 sale, which was also at 13% below the HPI.

How Large is 2 KELLING CLOSE?

2 KELLING CLOSE is 104m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 2 KELLING CLOSE lies on this distribution: 45% of detached houses are smaller than 2 KELLING CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 KELLING CLOSE: Plot and Title Map

2 KELLING CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 2 KELLING 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 2 KELLING 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 2 KELLING CLOSE?

2 KELLING CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 2 on KELLING CLOSE.