5, MALTHOUSE GREEN, LUTON, LU2 8SN - £440,000

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 MALTHOUSE GREEN is a midsized detached house of 105m², built sometime between 1991 and 1995. It was last sold for £440,000 in July 2022, which was around 5% below the average July 2022 detached price in the Luton local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

5 MALTHOUSE GREEN Sold Prices

Land registry data shows four sales for 5 MALTHOUSE GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Most of the four 5 MALTHOUSE GREEN 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 JUL	£440,000	£463,334	5% below HPI
2018 17 APR	£380,000	£404,897	6% below HPI
2005 21 SEP	£235,000	£236,679	1% below HPI
2002 21 JUN	£183,000	£166,591	10% above HPI

5 MALTHOUSE GREEN 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 four 5 MALTHOUSE GREEN sales between June 2002 and July 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 April 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 MALTHOUSE GREEN?

5 MALTHOUSE GREEN is 105m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 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 5 MALTHOUSE GREEN lies on this distribution: 46% of detached houses are smaller than 5 MALTHOUSE GREEN, and 53% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 MALTHOUSE GREEN: Plot and Title Map

5 MALTHOUSE GREEN sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 5 MALTHOUSE GREEN, 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 MALTHOUSE GREEN). 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 MALTHOUSE GREEN?

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