13, MEES CLOSE, LUTON, LU3 4AZ - £330,000

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

13 MEES CLOSE is a very small detached house of 57m², built sometime between 1983 and 1990. It was last sold for £330,000 in September 2017, which was around 19% below the average September 2017 detached price in the Luton local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

13 MEES CLOSE Sold Prices

Land registry data shows four sales for 13 MEES 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. The four 13 MEES CLOSE sales were a mix of below the average price, and roughly equal to 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
2017 14 SEP	£330,000	£408,225	19% below HPI
2003 30 JUN	£193,000	£217,237	11% below HPI
1999 24 FEB	£98,995	£98,769	Close to HPI
1996 6 SEP	£73,000	£75,149	3% below HPI

13 MEES 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 13 MEES CLOSE sales between September 1996 and September 2017 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 June 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 13 MEES CLOSE?

13 MEES CLOSE is 57m² according to the EPC inspection conducted in September 2016. 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 13 MEES CLOSE lies on this distribution: 2% of detached houses are smaller than 13 MEES CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Luton.

13 MEES CLOSE: Plot and Title Map

13 MEES CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 13 MEES 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 13 MEES 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 13 MEES CLOSE?

13 MEES CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 13 on MEES CLOSE.