15, WARMINSTER CLOSE, LUTON, LU2 8UJ - £425,000

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 WARMINSTER CLOSE is a very large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £425,000 in October 2016, which was around 12% above the average October 2016 detached price in the Luton local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.

15 WARMINSTER CLOSE Sold Prices

Land registry data shows three sales for 15 WARMINSTER 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 Luton local authority area for the corresponding sale date. All of the three 15 WARMINSTER 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
2016 3 OCT	£425,000	£379,634	12% above HPI
2010 11 JUN	£300,000	£243,641	23% above HPI
1999 13 AUG	£160,000	£103,228	55% above HPI

15 WARMINSTER 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 three 15 WARMINSTER CLOSE sales between August 1999 and October 2016 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 2010 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2016 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 15 WARMINSTER CLOSE?

15 WARMINSTER CLOSE is 145m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the largest 20% 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 WARMINSTER CLOSE lies on this distribution: 83% of detached houses are smaller than 15 WARMINSTER CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Luton.

15 WARMINSTER CLOSE: Plot and Title Map

15 WARMINSTER CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 15 WARMINSTER 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 WARMINSTER 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 WARMINSTER CLOSE?

15 WARMINSTER CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 15 on WARMINSTER CLOSE.