4, LORIMER CLOSE, LUTON, LU2 7RL - £345,000

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 LORIMER CLOSE is a large detached house of 122m², built sometime between 1983 and 1990. It was last sold for £345,000 in February 2015, which was around 21% above the average February 2015 detached price in the Luton local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

4 LORIMER CLOSE Sold Prices

Land registry data shows two sales for 4 LORIMER 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 Luton local authority area for the corresponding sale date. Both of the two 4 LORIMER 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
2015 12 FEB	£345,000	£284,130	21% above HPI
2004 13 JUL	£272,500	£227,123	20% above HPI

4 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 two 4 LORIMER CLOSE sales from July 2004 and February 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 July 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2015 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 4 LORIMER CLOSE?

4 LORIMER CLOSE is 122m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% 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 LORIMER CLOSE lies on this distribution: 65% of detached houses are smaller than 4 LORIMER CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 LORIMER CLOSE: Plot and Title Map

4 LORIMER CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 4 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 4 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 4 LORIMER CLOSE?

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