5, WALNUT CLOSE, LUTON, LU2 9BB - £415,000

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 WALNUT CLOSE is a midsized extended detached house of 107m², built sometime between 1991 and 1995. It was last sold for £415,000 in March 2022, which was around 9% below the average March 2022 detached price in the Luton local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

5 WALNUT CLOSE Sold Prices

Land registry data shows two sales for 5 WALNUT 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 WALNUT CLOSE sales was for below the average price, whilst the other was roughly equal to 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 11 MAR	£415,000	£457,043	9% below HPI
2011 2 DEC	£245,000	£245,058	Close to HPI

5 WALNUT 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 WALNUT CLOSE sales from December 2011 and March 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 December 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 5 WALNUT CLOSE?

5 WALNUT CLOSE is 107m², which includes two extensions, according to the EPC inspection conducted in January 2022. 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 WALNUT CLOSE lies on this distribution: 48% of detached houses are smaller than 5 WALNUT CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 WALNUT CLOSE: Plot and Title Map

5 WALNUT CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 5 WALNUT 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 WALNUT 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 WALNUT CLOSE?

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