2, POLZEATH CLOSE, LUTON, LU2 9LJ - £286,000

2 POLZEATH CLOSE is a large extended detached house of 130m², built sometime between 1976 and 1982. It was last sold for £286,000 in February 2020, which was around 28% below the average February 2020 detached price in the Luton local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

2 POLZEATH CLOSE Sold Prices

Land registry data shows four sales for 2 POLZEATH 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 POLZEATH 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
2020 28 FEB	£286,000	£394,492	28% below HPI
2015 16 JAN	£195,000	£283,141	31% below HPI
2002 31 JAN	£142,500	£154,880	8% below HPI
1997 16 MAY	£75,000	£80,559	7% below HPI

2 POLZEATH 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 POLZEATH CLOSE sales between May 1997 and February 2020 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 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 POLZEATH CLOSE?

2 POLZEATH CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 2 POLZEATH CLOSE lies on this distribution: 73% of detached houses are smaller than 2 POLZEATH CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 POLZEATH CLOSE: Plot and Title Map

2 POLZEATH CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 POLZEATH 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 POLZEATH 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 POLZEATH CLOSE?

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