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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MEES CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £363,459. It was last sold for £217,500 in August 2014, which was around 21% 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	£275,819	21% below HPI
2008 12 DEC	£165,000	£224,772	27% below HPI
2002 8 FEB	£123,500	£154,458	20% 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 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 4 MEES CLOSE be worth now?

4 MEES CLOSE might now be worth an estimated £363,459.

This is based on house price inflation of 67.1%, between August 2014 and October 2025, for detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.1% inflationary increase is applied to the most recent sale price for 4 MEES CLOSE of £217,500 on 22nd August 2014. For the value to have increased from £217,500 to £363,459 over the ten years and ten months to October 2025, the following assumptions must hold true:

• The value of 4 MEES CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The August 2014 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MEES CLOSE has not materially changed since August 2014.

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 houses in Luton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luton, and where 4 MEES CLOSE lies on this distribution: 6% of detached houses houses are smaller than 4 MEES CLOSE, and 94% 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 0.064 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.