4, FURZE CLOSE, LUTON, LU2 7UB - £490,000

4 FURZE CLOSE is a large extended detached house of 132m², built sometime between 1983 and 1990. It was last sold for £490,000 in December 2020, which was around 3% below the average December 2020 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

4 FURZE CLOSE Sold Prices

Land registry data shows three sales for 4 FURZE 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 4 FURZE 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 18 DEC	£490,000	£502,933	3% below HPI
2015 24 SEP	£379,950	£413,931	8% below HPI
2004 11 JUN	£275,000	£276,518	1% below HPI

4 FURZE 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 4 FURZE CLOSE sales between June 2004 and December 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 September 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 4 FURZE CLOSE?

4 FURZE CLOSE is 132m², which includes two extensions, according to the EPC inspection conducted in July 2015. 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 4 FURZE CLOSE lies on this distribution: 75% of detached houses are smaller than 4 FURZE CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 FURZE CLOSE: Plot and Title Map

4 FURZE CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 4 FURZE 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 4 FURZE 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 4 FURZE CLOSE?

4 FURZE CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 4 on FURZE CLOSE.