38, LAMBS CLOSE, DUNSTABLE, LU5 4QA - £340,000

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

38 LAMBS CLOSE is a small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £340,000 in February 2017, which was around 29% below the average February 2017 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

38 LAMBS CLOSE Sold Prices

Land registry data shows two sales for 38 LAMBS 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 Central Bedfordshire local authority area for the corresponding sale date. Both of the two 38 LAMBS CLOSE sales were for below 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
2017 28 FEB	£340,000	£477,328	29% below HPI
2008 8 FEB	£244,000	£340,715	28% below HPI

38 LAMBS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 38 LAMBS CLOSE sales from February 2008 and February 2017 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 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 38 LAMBS CLOSE?

38 LAMBS CLOSE is 92m² according to the EPC inspection conducted in March 2015. 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 38 LAMBS CLOSE lies on this distribution: 28% of detached houses are smaller than 38 LAMBS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Luton.

38 LAMBS CLOSE: Plot and Title Map

38 LAMBS CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 38 LAMBS 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 38 LAMBS 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 38 LAMBS CLOSE?

38 LAMBS CLOSE is located in DUNSTABLE, in the LU5 postcode district. The below map shows the position of No. 38 on LAMBS CLOSE.