7, MEES CLOSE, LUTON, LU3 4AZ - £315,000

7 MEES CLOSE is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £315,000 in March 2017, which was around 19% below the average March 2017 detached price in the Luton local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

7 MEES CLOSE Sold Prices

Land registry data shows two sales for 7 MEES 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 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
2017 31 MAR	£315,000	£387,328	19% below HPI
2007 29 AUG	£238,000	£262,000	9% below HPI

7 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 two 7 MEES CLOSE sales from August 2007 and March 2017 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 August 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 MEES CLOSE?

7 MEES CLOSE is 82m² according to the EPC inspection conducted in June 2011. 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 MEES CLOSE lies on this distribution: 16% of detached houses are smaller than 7 MEES CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Luton.

7 MEES CLOSE: Plot and Title Map

7 MEES CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 7 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 7 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 7 MEES CLOSE?

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