15, WISEMAN CLOSE, LUTON, LU2 7GE - £296,750

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

15 WISEMAN CLOSE is a midsized detached house of 104m², built sometime between 1983 and 1990. It was last sold for £296,750 in May 2015, which was around 24% below the average May 2015 detached price in the Central Bedfordshire 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.

15 WISEMAN CLOSE Sold Prices

Land registry data shows three sales for 15 WISEMAN 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 Central Bedfordshire local authority area for the corresponding sale date. Two of the three 15 WISEMAN CLOSE sales were for below the average price, whilst one was 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
2015 7 MAY	£296,750	£389,393	24% below HPI
2011 14 JUL	£249,995	£307,946	19% below HPI
1998 27 FEB	£125,000	£122,873	2% above HPI

15 WISEMAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 15 WISEMAN CLOSE sales between February 1998 and May 2015 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 July 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 15 WISEMAN CLOSE?

15 WISEMAN CLOSE is 104m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% 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 WISEMAN CLOSE lies on this distribution: 45% of detached houses are smaller than 15 WISEMAN CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Luton.

15 WISEMAN CLOSE: Plot and Title Map

15 WISEMAN CLOSE sits on a plot of roughly 0.058 of an acre, or 237m². The below map shows the location of 15 WISEMAN 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 WISEMAN 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 WISEMAN CLOSE?

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