8, BINHAM CLOSE, LUTON, LU2 7AR - £350,000

8 BINHAM CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £350,000 in November 2016, which was around 8% below the average November 2016 detached price in the Luton local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

8 BINHAM CLOSE Sold Prices

Land registry data shows three sales for 8 BINHAM 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 8 BINHAM 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
2016 17 NOV	£350,000	£381,284	8% below HPI
2010 19 FEB	£235,000	£236,507	1% below HPI
2003 17 OCT	£208,000	£218,350	5% below HPI

8 BINHAM 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 8 BINHAM CLOSE sales between October 2003 and November 2016 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 February 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 8 BINHAM CLOSE?

8 BINHAM CLOSE is 70m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 8 BINHAM CLOSE lies on this distribution: 6% of detached houses are smaller than 8 BINHAM CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Luton.

8 BINHAM CLOSE: Plot and Title Map

8 BINHAM CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 8 BINHAM 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 8 BINHAM 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 8 BINHAM CLOSE?

8 BINHAM CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 8 on BINHAM CLOSE.