18, KEMPSEY CLOSE, LUTON, LU2 8TT - £505,000

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

18 KEMPSEY CLOSE is a large extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £505,000 in May 2022, which was around 10% above the average May 2022 detached price in the Luton local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

18 KEMPSEY CLOSE Sold Prices

Land registry data shows two sales for 18 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. One of the two 18 KEMPSEY CLOSE sales was for above the average price, whilst the other was 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
2022 20 MAY	£505,000	£459,803	10% above HPI
2012 8 FEB	£93,250	£245,169	62% below HPI

18 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 18 KEMPSEY CLOSE sales from February 2012 and May 2022 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 February 2012 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the May 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 18 KEMPSEY CLOSE?

18 KEMPSEY CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 18 KEMPSEY CLOSE lies on this distribution: 69% of detached houses are smaller than 18 KEMPSEY CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Luton.

18 KEMPSEY CLOSE: Plot and Title Map

18 KEMPSEY CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 18 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 18 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 18 KEMPSEY CLOSE?

18 KEMPSEY CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 18 on KEMPSEY CLOSE.