4, CONGREVES CLOSE, LUTTON, SPALDING, PE12 9LX - £87,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 CONGREVES CLOSE is a large extended detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £249,492. It was last sold for £87,000 in March 2002, which was around 13% below the average March 2002 detached price in the South Holland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

4 CONGREVES CLOSE Sold Prices

Land registry data shows two sales for 4 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 4 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
2002 22 MAR	£87,000	£99,727	13% below HPI
1995 1 MAR	£55,750	£51,061	9% above HPI

4 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 4 CONGREVES CLOSE sales from March 1995 and March 2002 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 March 1995 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2002 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 CONGREVES CLOSE be worth now?

4 CONGREVES CLOSE might now be worth an estimated £249,492.

This is based on house price inflation of 186.8%, between March 2002 and December 2024, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 186.8% inflationary increase is applied to the most recent sale price for 4 CONGREVES CLOSE of £87,000 on 22nd March 2002. For the value to have increased from £87,000 to £249,492 over the 21 years and three months to December 2024, the following assumptions must hold true:

• The value of 4 CONGREVES CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The March 2002 sale price of £87,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CONGREVES CLOSE has not materially changed since March 2002.

How Large is 4 CONGREVES CLOSE?

4 CONGREVES CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses houses in Lutton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lutton, and where 4 CONGREVES CLOSE lies on this distribution: 66% of detached houses houses are smaller than 4 CONGREVES CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Lutton.

4 CONGREVES CLOSE: Plot and Title Map

4 CONGREVES CLOSE sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of 4 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 4 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 4 CONGREVES CLOSE?

4 CONGREVES CLOSE is located in LUTTON, in the PE12 postcode district. The below map shows the position of No. 4 on CONGREVES CLOSE.