3, THYME CLOSE, LUTON, LU2 7GG - £320,000

3 THYME CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £320,000 in March 2019, which was around 37% below the average March 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

3 THYME CLOSE Sold Prices

Land registry data shows three sales for 3 THYME 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 Central Bedfordshire local authority area for the corresponding sale date. All of the three 3 THYME 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
2019 15 MAR	£320,000	£505,489	37% below HPI
2000 29 AUG	£149,000	£179,276	17% below HPI
1996 16 DEC	£89,995	£103,484	13% below HPI

3 THYME 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 three 3 THYME CLOSE sales between December 1996 and March 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 August 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 THYME CLOSE?

3 THYME CLOSE is 77m² according to the EPC inspection conducted in January 2018. 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 THYME CLOSE lies on this distribution: 11% of detached houses are smaller than 3 THYME CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 THYME CLOSE: Plot and Title Map

3 THYME CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 THYME 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 THYME 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 THYME CLOSE?

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