4, MEES CLOSE, LUTON, LU3 4AZ - £217,500

4 MEES CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £217,500 in August 2014, which was around 22% below the average August 2014 detached price in the Luton local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

4 MEES CLOSE Sold Prices

Land registry data shows three sales for 4 MEES 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 Luton local authority area for the corresponding sale date. All of the three 4 MEES 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
2014 22 AUG	£217,500	£277,446	22% below HPI
2008 12 DEC	£165,000	£226,098	27% below HPI
2002 8 FEB	£123,500	£155,369	21% below HPI

4 MEES 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 three 4 MEES CLOSE sales between February 2002 and August 2014 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 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 4 MEES CLOSE?

4 MEES CLOSE is 70m² according to the EPC inspection conducted in May 2014. 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 4 MEES CLOSE lies on this distribution: 6% of detached houses are smaller than 4 MEES CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 MEES CLOSE: Plot and Title Map

4 MEES CLOSE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 4 MEES 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 MEES 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 MEES CLOSE?

4 MEES CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 4 on MEES CLOSE.