8, REDMIRE CLOSE, LUTON, LU4 9DX - £280,000

8 REDMIRE CLOSE is a small detached house of 93m², built sometime between 1983 and 1990. It was last sold for £280,000 in January 2017, which was around 27% below the average January 2017 detached price in the Luton local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

8 REDMIRE CLOSE Sold Prices

Land registry data shows three sales for 8 REDMIRE 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 REDMIRE 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 13 JAN	£280,000	£383,911	27% below HPI
2006 24 FEB	£179,000	£230,088	22% below HPI
1998 30 JUN	£77,000	£89,455	14% below HPI

8 REDMIRE 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 REDMIRE CLOSE sales between June 1998 and January 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 February 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 REDMIRE CLOSE?

8 REDMIRE CLOSE is 93m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% 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 REDMIRE CLOSE lies on this distribution: 30% of detached houses are smaller than 8 REDMIRE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Luton.

8 REDMIRE CLOSE: Plot and Title Map

8 REDMIRE CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 8 REDMIRE 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 REDMIRE 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 REDMIRE CLOSE?

8 REDMIRE CLOSE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 8 on REDMIRE CLOSE.