7, BRACEBY CLOSE, LUTON, LU3 2TP - £350,000

7 BRACEBY CLOSE is a very small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £350,000 in June 2021, which was around 15% below the average June 2021 detached price in the Luton local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

7 BRACEBY CLOSE Sold Prices

Land registry data shows two sales for 7 BRACEBY 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 7 BRACEBY 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
2021 25 JUN	£350,000	£411,652	15% below HPI
2003 26 MAR	£180,000	£210,472	14% below HPI

7 BRACEBY 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 7 BRACEBY CLOSE sales from March 2003 and June 2021 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 March 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 BRACEBY CLOSE?

7 BRACEBY CLOSE is 82m², which includes three extensions, according to the EPC inspection conducted in April 2021. 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 7 BRACEBY CLOSE lies on this distribution: 16% of detached houses are smaller than 7 BRACEBY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Luton.

7 BRACEBY CLOSE: Plot and Title Map

7 BRACEBY CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 7 BRACEBY 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 7 BRACEBY 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 7 BRACEBY CLOSE?

7 BRACEBY CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 7 on BRACEBY CLOSE.