23, LAUNTON CLOSE, LUTON, LU3 4BF - £535,000

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

23 LAUNTON CLOSE is a midsized detached house of 116m², built sometime between 1991 and 1995. It was last sold for £535,000 in December 2022, which was around 12% above the average December 2022 detached price in the Luton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

23 LAUNTON CLOSE Sold Prices

Land registry data shows two sales for 23 LAUNTON 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. Both of the two 23 LAUNTON 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
2022 20 DEC	£535,000	£476,319	12% above HPI
2016 29 JAN	£375,000	£345,988	8% above HPI

23 LAUNTON 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 LAUNTON CLOSE sales from January 2016 and December 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 January 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 23 LAUNTON CLOSE?

23 LAUNTON CLOSE is 116m² according to the EPC inspection conducted in September 2015. This puts it in the largest 40% 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 LAUNTON CLOSE lies on this distribution: 59% of detached houses are smaller than 23 LAUNTON CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Luton.

23 LAUNTON CLOSE: Plot and Title Map

23 LAUNTON CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 23 LAUNTON 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 LAUNTON 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 LAUNTON CLOSE?

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