15, ARBOUR CLOSE, LUTON, LU3 4AQ - £335,000

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

15 ARBOUR CLOSE is a small detached house of 96m², built sometime between 1976 and 1982. It was last sold for £335,000 in August 2018, which was around 18% below the average August 2018 detached price in the Luton local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

15 ARBOUR CLOSE Sold Prices

Land registry data shows four sales for 15 ARBOUR 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. Most of the four 15 ARBOUR 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 2 AUG	£335,000	£406,977	18% below HPI
2001 4 DEC	£165,000	£153,981	7% above HPI
1996 31 JAN	£85,000	£73,379	16% above HPI
1995 19 MAY	£84,750	£73,403	15% above HPI

15 ARBOUR 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 15 ARBOUR CLOSE sales between May 1995 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 December 2001 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 15 ARBOUR CLOSE?

15 ARBOUR CLOSE is 96m² according to the EPC inspection conducted in July 2012. 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 15 ARBOUR CLOSE lies on this distribution: 34% of detached houses are smaller than 15 ARBOUR CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Luton.

15 ARBOUR CLOSE: Plot and Title Map

15 ARBOUR CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 15 ARBOUR 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 15 ARBOUR 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 15 ARBOUR CLOSE?

15 ARBOUR CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 15 on ARBOUR CLOSE.