4, WALNUT CLOSE, LUTON, LU2 9BB - £430,000

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 WALNUT CLOSE is a midsized detached house of 105m², built sometime between 1983 and 1990. It was last sold for £430,000 in February 2021, which was around 5% above the average February 2021 detached price in the Luton local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

4 WALNUT CLOSE Sold Prices

Land registry data shows two sales for 4 WALNUT 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 WALNUT 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
2021 18 FEB	£430,000	£408,271	5% above HPI
2009 9 OCT	£250,000	£230,766	8% above HPI

4 WALNUT 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 WALNUT CLOSE sales from October 2009 and February 2021 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 October 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 4 WALNUT CLOSE?

4 WALNUT CLOSE is 105m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% 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 WALNUT CLOSE lies on this distribution: 46% of detached houses are smaller than 4 WALNUT CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 WALNUT CLOSE: Plot and Title Map

4 WALNUT CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 4 WALNUT 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 WALNUT 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 WALNUT CLOSE?

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