25, MILBURN CLOSE, LUTON, LU3 4EH - £357,000

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

25 MILBURN CLOSE is a large extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £357,000 in July 2010, which was around 46% above the average July 2010 detached price in the Luton local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

25 MILBURN CLOSE Sold Prices

Land registry data shows three sales for 25 MILBURN CLOSE since 1^st 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 25 MILBURN 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
2010 15 JUL	£357,000	£244,800	46% above HPI
2002 11 JUL	£245,000	£171,835	43% above HPI
1999 12 MAY	£175,000	£98,312	78% above HPI

25 MILBURN 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 three 25 MILBURN CLOSE sales between May 1999 and July 2010 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 July 2002 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the July 2010 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 25 MILBURN CLOSE?

25 MILBURN CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in June 2019. 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 25 MILBURN CLOSE lies on this distribution: 63% of detached houses are smaller than 25 MILBURN CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Luton.

25 MILBURN CLOSE: Plot and Title Map

25 MILBURN CLOSE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 25 MILBURN 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 25 MILBURN 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 25 MILBURN CLOSE?

25 MILBURN CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 25 on MILBURN CLOSE.