23, ARBOUR CLOSE, LUTON, LU3 4AQ - £360,000

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

23 ARBOUR CLOSE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £360,000 in September 2018, which was around 12% below the average September 2018 detached price in the Luton local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

23 ARBOUR CLOSE Sold Prices

Land registry data shows two sales for 23 ARBOUR 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 23 ARBOUR CLOSE sales was for below the average price, whilst the other 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
2018 21 SEP	£360,000	£408,628	12% below HPI
1995 28 FEB	£88,000	£75,114	17% above HPI

23 ARBOUR 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 23 ARBOUR CLOSE sales from February 1995 and September 2018 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 1995 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 23 ARBOUR CLOSE?

23 ARBOUR CLOSE is 73m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 23 ARBOUR CLOSE lies on this distribution: 8% of detached houses are smaller than 23 ARBOUR CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Luton.

23 ARBOUR CLOSE: Plot and Title Map

23 ARBOUR CLOSE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 23 ARBOUR 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 23 ARBOUR 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 23 ARBOUR CLOSE?

23 ARBOUR CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 23 on ARBOUR CLOSE.