36, ELVEDEN CLOSE, LUTON, LU2 7FF - £240,000

36 ELVEDEN CLOSE is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £240,000 in June 2018, which was around 40% below the average June 2018 detached price in the Luton local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was D.

36 ELVEDEN CLOSE Sold Prices

Land registry data shows four sales for 36 ELVEDEN 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 36 ELVEDEN 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
2018 8 JUN	£240,000	£401,073	40% below HPI
2001 20 DEC	£85,500	£153,981	44% below HPI
2000 30 NOV	£79,500	£134,770	41% below HPI
1997 4 APR	£48,000	£78,874	39% below HPI

36 ELVEDEN 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 36 ELVEDEN CLOSE sales between April 1997 and June 2018 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 December 2001 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2018 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 36 ELVEDEN CLOSE?

36 ELVEDEN CLOSE is 56m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 36 ELVEDEN CLOSE lies on this distribution: 1% of detached houses are smaller than 36 ELVEDEN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Luton.

36 ELVEDEN CLOSE: Plot and Title Map

36 ELVEDEN CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 36 ELVEDEN 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 36 ELVEDEN 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 36 ELVEDEN CLOSE?

36 ELVEDEN CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 36 on ELVEDEN CLOSE.