3, LAVENDER CLOSE, LUTON, LU2 7GD - £205,000

3 LAVENDER CLOSE is a very small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £205,000 in January 2013, which was around 35% below the average January 2013 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

3 LAVENDER CLOSE Sold Prices

Land registry data shows two sales for 3 LAVENDER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 3 LAVENDER 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
2013 11 JAN	£205,000	£315,947	35% below HPI
2000 25 FEB	£110,000	£159,921	31% below HPI

3 LAVENDER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 3 LAVENDER CLOSE sales from February 2000 and January 2013 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 February 2000 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 LAVENDER CLOSE?

3 LAVENDER CLOSE is 81m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the smallest 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 3 LAVENDER CLOSE lies on this distribution: 15% of detached houses are smaller than 3 LAVENDER CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 LAVENDER CLOSE: Plot and Title Map

3 LAVENDER CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 3 LAVENDER 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 3 LAVENDER 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 3 LAVENDER CLOSE?

3 LAVENDER CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 3 on LAVENDER CLOSE.