35, LORIMER CLOSE, LUTON, LU2 7RL - £310,000

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

35 LORIMER CLOSE is a very small semi-detached house of 70m², built sometime between 1996 and 2002. It was last sold for £310,000 in March 2022, which was around 32% below the average March 2022 detached price in the Luton local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

35 LORIMER CLOSE Sold Prices

Land registry data shows three sales for 35 LORIMER 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. Two of the three 35 LORIMER CLOSE sales were for below the average price, whilst one 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
2022 1 MAR	£310,000	£457,043	32% below HPI
2016 22 JUL	£280,000	£368,838	24% below HPI
1996 23 SEP	£76,500	£75,149	2% above HPI

35 LORIMER 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 35 LORIMER CLOSE sales between September 1996 and March 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 July 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 35 LORIMER CLOSE?

35 LORIMER CLOSE is 70m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 35 LORIMER CLOSE lies on this distribution: 6% of detached houses are smaller than 35 LORIMER CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Luton.

35 LORIMER CLOSE: Plot and Title Map

35 LORIMER CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 35 LORIMER 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 35 LORIMER 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 35 LORIMER CLOSE?

35 LORIMER CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 35 on LORIMER CLOSE.