18, WISEMAN CLOSE, LUTON, LU2 7GE - £363,000

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 WISEMAN CLOSE is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £363,000 in June 2023, which was around 36% below the average June 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

18 WISEMAN CLOSE Sold Prices

Land registry data shows five sales for 18 WISEMAN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the five 18 WISEMAN 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
2023 30 JUN	£363,000	£566,405	36% below HPI
2018 7 SEP	£325,000	£508,617	36% below HPI
2006 28 JUL	£205,000	£306,550	33% below HPI
2000 31 MAY	£141,950	£168,853	16% below HPI
1995 24 MAY	£83,995	£97,843	14% below HPI

18 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 five 18 WISEMAN CLOSE sales between May 1995 and June 2023 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 September 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2023 sale, which was also at 36% below the HPI.

How Large is 18 WISEMAN CLOSE?

18 WISEMAN CLOSE is 79m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 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 18 WISEMAN CLOSE lies on this distribution: 13% of detached houses are smaller than 18 WISEMAN CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Luton.

18 WISEMAN CLOSE: Plot and Title Map

18 WISEMAN CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 18 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 18 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 18 WISEMAN CLOSE?

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