2, STATHAM CLOSE, LUTON, LU3 4EJ - £270,000

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

2 STATHAM CLOSE is a very large extended detached house of 143m², built sometime between 1983 and 1990. It was last sold for £270,000 in November 2016, which was around 29% below the average November 2016 detached price in the Luton local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 STATHAM CLOSE Sold Prices

Land registry data shows seven sales for 2 STATHAM CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Most of the seven 2 STATHAM 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 7 NOV	£270,000	£381,284	29% below HPI
2016 17 MAR	£388,500	£354,468	10% above HPI
2007 29 MAR	£325,000	£250,999	29% above HPI
2005 21 DEC	£250,000	£231,254	8% above HPI
2001 24 MAY	£195,000	£141,284	38% above HPI
1999 30 JUN	£153,500	£99,361	54% above HPI
1996 30 OCT	£124,000	£75,987	63% above HPI

2 STATHAM 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 seven 2 STATHAM CLOSE sales between October 1996 and November 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 March 2016 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 STATHAM CLOSE?

2 STATHAM CLOSE is 143m², which includes two extensions, according to the EPC inspection conducted in August 2015. 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 2 STATHAM CLOSE lies on this distribution: 81% of detached houses are smaller than 2 STATHAM CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Luton.

2 STATHAM CLOSE: Plot and Title Map

2 STATHAM CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 2 STATHAM 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 2 STATHAM 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 2 STATHAM CLOSE?

2 STATHAM CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 2 on STATHAM CLOSE.