5, ALBURY CLOSE, LUTON, LU3 4AY - £309,000

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

5 ALBURY CLOSE is a small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £309,000 in May 2019, which was around 22% below the average May 2019 detached price in the Luton local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

5 ALBURY CLOSE Sold Prices

Land registry data shows two sales for 5 ALBURY 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 5 ALBURY 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
2019 23 MAY	£309,000	£395,091	22% below HPI
2004 21 MAY	£199,000	£224,472	11% below HPI

5 ALBURY 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 5 ALBURY CLOSE sales from May 2004 and May 2019 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 May 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 ALBURY CLOSE?

5 ALBURY CLOSE is 93m², which includes three extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 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 5 ALBURY CLOSE lies on this distribution: 30% of detached houses are smaller than 5 ALBURY CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 ALBURY CLOSE: Plot and Title Map

5 ALBURY CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 5 ALBURY 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 5 ALBURY 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 5 ALBURY CLOSE?

5 ALBURY CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 5 on ALBURY CLOSE.