28, ARBOUR CLOSE, LUTON, LU3 4AQ - £250,000

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

28 ARBOUR CLOSE is a small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £250,000 in October 2019, which was around 37% below the average October 2019 detached price in the Luton local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

28 ARBOUR CLOSE Sold Prices

Land registry data shows two sales for 28 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 28 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
2019 1 OCT	£250,000	£395,947	37% below HPI
2000 10 NOV	£148,000	£134,770	10% above HPI

28 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 28 ARBOUR CLOSE sales from November 2000 and October 2019 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 November 2000 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 28 ARBOUR CLOSE?

28 ARBOUR CLOSE is 87m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 28 ARBOUR CLOSE lies on this distribution: 22% of detached houses are smaller than 28 ARBOUR CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Luton.

28 ARBOUR CLOSE: Plot and Title Map

28 ARBOUR CLOSE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 28 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 28 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 28 ARBOUR CLOSE?

28 ARBOUR CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 28 on ARBOUR CLOSE.