5, WISEMAN CLOSE, LUTON, LU2 7GE - £176,000

5 WISEMAN CLOSE is a midsized extended detached house of 106m², built sometime between 1996 and 2002. It was last sold for £176,000 in April 2001, which was around 6% below the average April 2001 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

5 WISEMAN CLOSE Sold Prices

Land registry data shows two sales for 5 WISEMAN 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 Central Bedfordshire local authority area for the corresponding sale date. One of the two 5 WISEMAN CLOSE sales was for below the average price, whilst the other was 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
2001 27 APR	£176,000	£187,170	6% below HPI
1997 18 JUL	£125,995	£114,327	10% above HPI

5 WISEMAN 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 two 5 WISEMAN CLOSE sales from July 1997 and April 2001 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 July 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2001 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 5 WISEMAN CLOSE?

5 WISEMAN CLOSE is 106m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 5 WISEMAN CLOSE lies on this distribution: 47% of detached houses are smaller than 5 WISEMAN CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 WISEMAN CLOSE: Plot and Title Map

5 WISEMAN CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 5 WISEMAN 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 5 WISEMAN 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 5 WISEMAN CLOSE?

5 WISEMAN CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 5 on WISEMAN CLOSE.