14, KEMPSEY CLOSE, LUTON, LU2 8TT - £340,000

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

14 KEMPSEY CLOSE is a small detached house of 97m², built sometime between 1976 and 1982. It was last sold for £340,000 in August 2018, which was around 16% below the average August 2018 detached price in the Luton local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

14 KEMPSEY CLOSE Sold Prices

Land registry data shows two sales for 14 KEMPSEY 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. Both of the two 14 KEMPSEY CLOSE sales were for below 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 20 AUG	£340,000	£406,977	16% below HPI
2015 3 MAR	£250,000	£284,453	12% below HPI

14 KEMPSEY 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 14 KEMPSEY CLOSE sales from March 2015 and August 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 March 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 14 KEMPSEY CLOSE?

14 KEMPSEY CLOSE is 97m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 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 14 KEMPSEY CLOSE lies on this distribution: 35% of detached houses are smaller than 14 KEMPSEY CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Luton.

14 KEMPSEY CLOSE: Plot and Title Map

14 KEMPSEY CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 14 KEMPSEY 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 14 KEMPSEY 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 14 KEMPSEY CLOSE?

14 KEMPSEY CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 14 on KEMPSEY CLOSE.