1, THRESHER CLOSE, LUTON, LU4 0TX - £310,000

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 THRESHER CLOSE is a midsized detached house of 104m², built sometime between 1950 and 1966. It was last sold for £310,000 in February 2016, which was around 11% below the average February 2016 detached price in the Luton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

1 THRESHER CLOSE Sold Prices

Land registry data shows two sales for 1 THRESHER 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. One of the two 1 THRESHER CLOSE sales was for below the average price, whilst the other was 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
2016 26 FEB	£310,000	£348,951	11% below HPI
1999 21 JAN	£120,000	£96,372	25% above HPI

1 THRESHER 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 1 THRESHER CLOSE sales from January 1999 and February 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 January 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 THRESHER CLOSE?

1 THRESHER CLOSE is 104m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% 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 THRESHER CLOSE lies on this distribution: 45% of detached houses are smaller than 1 THRESHER CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 THRESHER CLOSE: Plot and Title Map

1 THRESHER CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 1 THRESHER 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 THRESHER 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 THRESHER CLOSE?

1 THRESHER CLOSE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 1 on THRESHER CLOSE.