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 MALTHOUSE GREEN is a large detached house of 118m², built sometime between 1983 and 1990. It was last sold for £244,000 in March 2004, which was around 9% above the average March 2004 detached price in the Luton local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1 MALTHOUSE GREEN since 1st 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 1 MALTHOUSE GREEN sales were for above 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 |
---|---|---|---|
2004 19 MAR | £244,000 | £223,086 | 9% above HPI |
1997 28 NOV | £118,000 | £86,681 | 36% above HPI |
1996 26 FEB | £90,000 | £73,869 | 22% above HPI |
The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The three 1 MALTHOUSE GREEN sales between February 1996 and March 2004 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 November 1997 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the March 2004 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.
1 MALTHOUSE GREEN is 118m² according to the EPC inspection conducted in March 2015. This puts it in the largest 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 1 MALTHOUSE GREEN lies on this distribution: 61% of detached houses are smaller than 1 MALTHOUSE GREEN, and 38% of houses are larger. Note that EPC data is not available for all properties in Luton.
1 MALTHOUSE GREEN sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 1 MALTHOUSE GREEN, 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 MALTHOUSE GREEN). 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.
1 MALTHOUSE GREEN is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 1 on MALTHOUSE GREEN.