10, MILBURN CLOSE, LUTON, LU3 4EH - £560,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 MILBURN CLOSE is a large detached house of 136m², built sometime between 1983 and 1990. It was last sold for £560,000 in July 2018, which was around 39% above the average July 2018 detached price in the Luton local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

10 MILBURN CLOSE Sold Prices

Land registry data shows seven sales for 10 MILBURN CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the seven 10 MILBURN CLOSE 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
2018 18 JUL	£560,000	£402,380	39% above HPI
2013 25 OCT	£362,500	£254,329	43% above HPI
2006 22 DEC	£340,650	£246,825	38% above HPI
2001 24 SEP	£228,500	£149,115	53% above HPI
2000 23 AUG	£200,000	£131,401	52% above HPI
1999 26 FEB	£155,000	£98,769	57% above HPI
1996 29 MAR	£125,500	£72,012	74% above HPI

10 MILBURN 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 seven 10 MILBURN CLOSE sales between March 1996 and July 2018 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 2013 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the July 2018 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 10 MILBURN CLOSE?

10 MILBURN CLOSE is 136m² according to the EPC inspection conducted in January 2012. This puts it in the largest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 10 MILBURN CLOSE lies on this distribution: 78% of detached houses are smaller than 10 MILBURN CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Luton.

10 MILBURN CLOSE: Plot and Title Map

10 MILBURN CLOSE sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 10 MILBURN 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 10 MILBURN 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 10 MILBURN CLOSE?

10 MILBURN CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 10 on MILBURN CLOSE.