5, PENDA CLOSE, LUTON, LU3 3UT - £155,000

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 PENDA CLOSE is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £155,000 in June 2013, which was around 37% below the average June 2013 detached price in the Luton local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

5 PENDA CLOSE Sold Prices

Land registry data shows two sales for 5 PENDA 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 PENDA 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
2013 28 JUN	£155,000	£247,669	37% below HPI
1999 5 FEB	£74,500	£98,769	25% below HPI

5 PENDA 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 PENDA CLOSE sales from February 1999 and June 2013 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 February 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2013 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 5 PENDA CLOSE?

5 PENDA CLOSE is 56m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% 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 PENDA CLOSE lies on this distribution: 2% of detached houses are smaller than 5 PENDA CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 PENDA CLOSE: Plot and Title Map

5 PENDA CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 5 PENDA 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 PENDA 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 PENDA CLOSE?

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