3, CONGREVES CLOSE, LUTTON, SPALDING, PE12 9LX - £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

3 CONGREVES CLOSE is a small detached house of 88m², built sometime between 1991 and 1995. It was last sold for £250,000 in January 2023, which was around 16% below the average January 2023 detached price in the South Holland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

3 CONGREVES CLOSE Sold Prices

Land registry data shows two sales for 3 CONGREVES 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 South Holland local authority area for the corresponding sale date. One of the two 3 CONGREVES 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
2023 12 JAN	£250,000	£297,859	16% below HPI
1995 24 FEB	£59,990	£51,323	17% above HPI

3 CONGREVES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two 3 CONGREVES CLOSE sales from February 1995 and January 2023 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 January 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 CONGREVES CLOSE?

3 CONGREVES CLOSE is 88m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Lutton, based on EPC data. The below chart shows the distribution of detached houses by size in Lutton, and where 3 CONGREVES CLOSE lies on this distribution: 25% of detached houses are smaller than 3 CONGREVES CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Lutton.

3 CONGREVES CLOSE: Plot and Title Map

3 CONGREVES CLOSE sits on a plot of roughly 0.164 of an acre, or 663m². The below map shows the location of 3 CONGREVES 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 3 CONGREVES 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 3 CONGREVES CLOSE?

3 CONGREVES CLOSE is located in LUTTON, in the PE12 postcode district. The below map shows the position of No. 3 on CONGREVES CLOSE.