48, LAMBS CLOSE, DUNSTABLE, LU5 4QA - £349,995

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

48 LAMBS CLOSE is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £349,995 in January 2016, which was around 20% below the average January 2016 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

48 LAMBS CLOSE Sold Prices

Land registry data shows four sales for 48 LAMBS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 48 LAMBS 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
2016 18 JAN	£349,995	£437,681	20% below HPI
2003 16 JUL	£180,000	£269,033	33% below HPI
1998 1 JUL	£80,750	£129,349	38% below HPI
1995 27 JUN	£70,000	£97,727	28% below HPI

48 LAMBS 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 four 48 LAMBS CLOSE sales between June 1995 and January 2016 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 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 48 LAMBS CLOSE?

48 LAMBS CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 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 48 LAMBS CLOSE lies on this distribution: 57% of detached houses are smaller than 48 LAMBS CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Luton.

48 LAMBS CLOSE: Plot and Title Map

48 LAMBS CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 48 LAMBS 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 48 LAMBS 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 48 LAMBS CLOSE?

48 LAMBS CLOSE is located in DUNSTABLE, in the LU5 postcode district. The below map shows the position of No. 48 on LAMBS CLOSE.