4, BESFORD CLOSE, LUTON, LU2 8TX - £315,000

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

4 BESFORD CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £315,000 in November 2015, which was around 6% below the average November 2015 detached price in the Luton local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

4 BESFORD CLOSE Sold Prices

Land registry data shows three sales for 4 BESFORD 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. One of the three 4 BESFORD CLOSE sales was for below the average price, whilst two 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
2015 4 NOV	£315,000	£334,562	6% below HPI
1999 30 SEP	£133,500	£106,232	26% above HPI
1998 1 SEP	£122,500	£94,247	30% above HPI

4 BESFORD 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 4 BESFORD CLOSE sales between September 1998 and November 2015 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 September 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 4 BESFORD CLOSE?

4 BESFORD CLOSE is 74m² according to the EPC inspection conducted in July 2015. 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 4 BESFORD CLOSE lies on this distribution: 8% of detached houses are smaller than 4 BESFORD CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 BESFORD CLOSE: Plot and Title Map

4 BESFORD CLOSE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 4 BESFORD 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 4 BESFORD 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 4 BESFORD CLOSE?

4 BESFORD CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 4 on BESFORD CLOSE.