5, THELBY CLOSE, LUTON, LU3 2UF - £483,000

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 THELBY CLOSE is a midsized detached house of 113m², built sometime between 1950 and 1966. It was last sold for £483,000 in August 2022, which was around 2% above the average August 2022 detached price in the Luton local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

5 THELBY CLOSE Sold Prices

Land registry data shows two sales for 5 THELBY 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. One of the two 5 THELBY CLOSE sales was for above the average price, whilst the other was 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 12 AUG	£483,000	£472,518	2% above HPI
2014 28 FEB	£245,000	£257,997	5% below HPI

5 THELBY 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 THELBY CLOSE sales from February 2014 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 February 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 5 THELBY CLOSE?

5 THELBY CLOSE is 113m² according to the EPC inspection conducted in January 2014. This puts it in the largest 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 THELBY CLOSE lies on this distribution: 55% of detached houses are smaller than 5 THELBY CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 THELBY CLOSE: Plot and Title Map

5 THELBY CLOSE sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of 5 THELBY 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 THELBY 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 THELBY CLOSE?

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