6, MELFORD CLOSE, LUTON, LU2 9SN - £285,000

6 MELFORD CLOSE is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £285,000 in December 2015, which was around 16% below the average December 2015 detached price in the Luton local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

6 MELFORD CLOSE Sold Prices

Land registry data shows three sales for 6 MELFORD 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 6 MELFORD 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
2015 11 DEC	£285,000	£338,808	16% below HPI
2014 19 DEC	£250,000	£286,118	13% below HPI
1999 19 NOV	£102,000	£110,237	7% below HPI

6 MELFORD 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 6 MELFORD CLOSE sales between November 1999 and December 2015 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 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 6 MELFORD CLOSE?

6 MELFORD CLOSE is 84m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 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 6 MELFORD CLOSE lies on this distribution: 18% of detached houses are smaller than 6 MELFORD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Luton.

6 MELFORD CLOSE: Plot and Title Map

6 MELFORD CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 6 MELFORD 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 6 MELFORD 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 6 MELFORD CLOSE?

6 MELFORD CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 6 on MELFORD CLOSE.