1, HEATH CLOSE, LUTON, LU1 5SP - £143,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HEATH CLOSE is a very small semi-detached house of 68m², built sometime between 1967 and 1975. It was last sold for £143,000 in June 2012, which was around 41% below the average June 2012 detached price in the Luton local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

1 HEATH CLOSE Sold Prices

Land registry data shows four sales for 1 HEATH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 1 HEATH 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
2012 21 JUN	£143,000	£240,464	41% below HPI
2007 19 OCT	£169,995	£269,808	37% below HPI
2003 29 AUG	£140,000	£219,648	36% below HPI
1999 22 JUL	£64,000	£101,145	37% below HPI

1 HEATH 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 four 1 HEATH CLOSE sales between July 1999 and June 2012 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 October 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2012 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 1 HEATH CLOSE?

1 HEATH CLOSE is 68m² according to the EPC inspection conducted in April 2023. 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 1 HEATH CLOSE lies on this distribution: 5% of detached houses are smaller than 1 HEATH CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 HEATH CLOSE: Plot and Title Map

1 HEATH CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 1 HEATH 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 1 HEATH 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 1 HEATH CLOSE?

1 HEATH CLOSE is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 1 on HEATH CLOSE.