5, STONEWAYS CLOSE, LUTON, LU4 9EG - £314,000

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 STONEWAYS CLOSE is a small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £314,000 in March 2021, which was around 22% below the average March 2021 detached price in the Luton local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

5 STONEWAYS CLOSE Sold Prices

Land registry data shows two sales for 5 STONEWAYS 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 STONEWAYS 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
2021 26 MAR	£314,000	£404,570	22% below HPI
2006 9 AUG	£192,500	£238,551	19% below HPI

5 STONEWAYS 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 STONEWAYS CLOSE sales from August 2006 and March 2021 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 August 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 STONEWAYS CLOSE?

5 STONEWAYS CLOSE is 88m² according to the EPC inspection conducted in August 2017. 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 STONEWAYS CLOSE lies on this distribution: 23% of detached houses are smaller than 5 STONEWAYS CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 STONEWAYS CLOSE: Plot and Title Map

5 STONEWAYS CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 5 STONEWAYS 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 STONEWAYS 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 STONEWAYS CLOSE?

5 STONEWAYS CLOSE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 5 on STONEWAYS CLOSE.