1, THYME CLOSE, LUTON, LU2 7GG - £400,000

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 THYME CLOSE is a midsized extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £400,000 in August 2021, which was around 22% below the average August 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

1 THYME CLOSE Sold Prices

Land registry data shows three sales for 1 THYME 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 Central Bedfordshire local authority area for the corresponding sale date. Two of the three 1 THYME CLOSE sales were for below the average price, whilst one 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
2021 27 AUG	£400,000	£510,532	22% below HPI
1999 8 NOV	£149,995	£155,113	3% below HPI
1997 9 MAY	£119,995	£110,200	9% above HPI

1 THYME CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 1 THYME CLOSE sales between May 1997 and August 2021 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 1999 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 THYME CLOSE?

1 THYME CLOSE is 112m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 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 THYME CLOSE lies on this distribution: 54% of detached houses are smaller than 1 THYME CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Luton.

1 THYME CLOSE: Plot and Title Map

1 THYME CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 1 THYME 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 THYME 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 THYME CLOSE?

1 THYME CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 1 on THYME CLOSE.