3, CORNCRAKE CLOSE, LUTON, LU2 8EL - £580,000

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

3 CORNCRAKE CLOSE is a very large extended detached house of 168m², built sometime between 1950 and 1966. It was last sold for £580,000 in November 2022, which was around 20% above the average November 2022 detached price in the Luton local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

3 CORNCRAKE CLOSE Sold Prices

Land registry data shows four sales for 3 CORNCRAKE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 3 CORNCRAKE 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 30 NOV	£580,000	£481,687	20% above HPI
2009 21 DEC	£290,000	£236,305	23% above HPI
2003 31 JAN	£245,000	£205,575	19% above HPI
1998 28 MAY	£118,000	£88,546	33% above HPI

3 CORNCRAKE 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 four 3 CORNCRAKE CLOSE sales between May 1998 and November 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 December 2009 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2022 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 3 CORNCRAKE CLOSE?

3 CORNCRAKE CLOSE is 168m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 3 CORNCRAKE CLOSE lies on this distribution: 90% of detached houses are smaller than 3 CORNCRAKE CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 CORNCRAKE CLOSE: Plot and Title Map

3 CORNCRAKE CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 3 CORNCRAKE 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 CORNCRAKE 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 CORNCRAKE CLOSE?

3 CORNCRAKE CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 3 on CORNCRAKE CLOSE.