5, LANGHAM CLOSE, LUTON, LU2 7EA - £400,000

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 LANGHAM CLOSE is a large extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £400,000 in July 2019, which was around 2% above the average July 2019 detached price in the Luton local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

5 LANGHAM CLOSE Sold Prices

Land registry data shows three sales for 5 LANGHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 5 LANGHAM 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
2019 12 JUL	£400,000	£392,863	2% above HPI
2013 28 MAR	£330,000	£245,823	34% above HPI
2007 20 JUL	£285,000	£257,677	11% above HPI

5 LANGHAM 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 three 5 LANGHAM CLOSE sales between July 2007 and July 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 March 2013 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 5 LANGHAM CLOSE?

5 LANGHAM CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 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 LANGHAM CLOSE lies on this distribution: 71% of detached houses are smaller than 5 LANGHAM CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 LANGHAM CLOSE: Plot and Title Map

5 LANGHAM CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 5 LANGHAM 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 LANGHAM 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 LANGHAM CLOSE?

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