5, KELLING CLOSE, LUTON, LU2 7ET - £405,000

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

5 KELLING CLOSE is a small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £405,000 in August 2022, which was around 14% below the average August 2022 detached price in the Luton local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

5 KELLING CLOSE Sold Prices

Land registry data shows two sales for 5 KELLING 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 KELLING 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
2022 15 AUG	£405,000	£472,518	14% below HPI
2001 5 OCT	£136,500	£150,093	9% below HPI

5 KELLING 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 KELLING CLOSE sales from October 2001 and August 2022 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 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 5 KELLING CLOSE?

5 KELLING CLOSE is 86m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% 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 KELLING CLOSE lies on this distribution: 21% of detached houses are smaller than 5 KELLING CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 KELLING CLOSE: Plot and Title Map

5 KELLING CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 5 KELLING 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 KELLING 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 KELLING CLOSE?

5 KELLING CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 5 on KELLING CLOSE.