4, WISEMAN CLOSE, LUTON, LU2 7GE - £200,000

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 WISEMAN CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £200,000 in December 2004, which was around 31% below the average December 2004 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

4 WISEMAN CLOSE Sold Prices

Land registry data shows two sales for 4 WISEMAN 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 4 WISEMAN 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
2004 17 DEC	£200,000	£287,885	31% below HPI
2001 15 JUN	£132,500	£186,883	29% below HPI

4 WISEMAN 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 4 WISEMAN CLOSE sales from June 2001 and December 2004 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 June 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2004 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 4 WISEMAN CLOSE?

4 WISEMAN CLOSE is 75m² according to the EPC inspection conducted in February 2011. 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 WISEMAN CLOSE lies on this distribution: 10% of detached houses are smaller than 4 WISEMAN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Luton.

4 WISEMAN CLOSE: Plot and Title Map

4 WISEMAN CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 4 WISEMAN 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 WISEMAN 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 WISEMAN CLOSE?

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