4, MILBURN CLOSE, LUTON, LU3 4EH - £400,000

4 MILBURN CLOSE is a very large extended detached house of 165m², built sometime between 1991 and 1995. It was last sold for £400,000 in July 2005, which was around 72% above the average July 2005 detached price in the Luton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

4 MILBURN CLOSE Sold Prices

Land registry data shows two sales for 4 MILBURN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 4 MILBURN CLOSE sales were for above 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
2005 26 JUL	£400,000	£233,185	72% above HPI
1996 6 DEC	£159,000	£74,633	113% above HPI

4 MILBURN 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 two 4 MILBURN CLOSE sales from December 1996 and July 2005 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 1996 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the July 2005 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is 4 MILBURN CLOSE?

4 MILBURN CLOSE is 165m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 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 4 MILBURN CLOSE lies on this distribution: 89% of detached houses are smaller than 4 MILBURN CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 MILBURN CLOSE: Plot and Title Map

4 MILBURN CLOSE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 4 MILBURN 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 MILBURN 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 MILBURN CLOSE?

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