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
24 MALTHOUSE GREEN is a large extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £444,000 in December 2020, which was around 7% above the average December 2020 detached price in the Luton local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 24 MALTHOUSE GREEN since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 24 MALTHOUSE GREEN 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 |
---|---|---|---|
2020 8 DEC | £444,000 | £414,459 | 7% above HPI |
1999 25 OCT | £148,000 | £108,263 | 37% above HPI |
1996 23 AUG | £97,500 | £74,467 | 31% above HPI |
The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The three 24 MALTHOUSE GREEN sales between August 1996 and December 2020 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 October 1999 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the December 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.
24 MALTHOUSE GREEN is 122m², which includes one extension, according to the EPC inspection conducted in July 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 24 MALTHOUSE GREEN lies on this distribution: 65% of detached houses are smaller than 24 MALTHOUSE GREEN, and 34% of houses are larger. Note that EPC data is not available for all properties in Luton.
24 MALTHOUSE GREEN sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 24 MALTHOUSE GREEN, 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 24 MALTHOUSE GREEN). 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.
24 MALTHOUSE GREEN is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 24 on MALTHOUSE GREEN.