40, LAUNTON CLOSE, LUTON, LU3 4BF - £470,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 LAUNTON CLOSE is a large extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £470,000 in March 2021, which was around 16% above the average March 2021 detached price in the Luton local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

40 LAUNTON CLOSE Sold Prices

Land registry data shows two sales for 40 LAUNTON 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 40 LAUNTON 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 30 MAR	£470,000	£404,570	16% above HPI
1999 9 JUL	£129,000	£101,145	28% above HPI

40 LAUNTON 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 40 LAUNTON CLOSE sales from July 1999 and March 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 July 1999 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 40 LAUNTON CLOSE?

40 LAUNTON CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in May 2012. 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 40 LAUNTON CLOSE lies on this distribution: 66% of detached houses are smaller than 40 LAUNTON CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Luton.

40 LAUNTON CLOSE: Plot and Title Map

40 LAUNTON CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 40 LAUNTON 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 40 LAUNTON 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 40 LAUNTON CLOSE?

40 LAUNTON CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 40 on LAUNTON CLOSE.