54, HAZELWOOD CLOSE, LUTON, LU2 8AR - £317,000

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

54 HAZELWOOD CLOSE is a small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £317,000 in June 2020, which was around 20% below the average June 2020 detached price in the Luton local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

54 HAZELWOOD CLOSE Sold Prices

Land registry data shows two sales for 54 HAZELWOOD 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 54 HAZELWOOD CLOSE sales was for below the average price, whilst the other was for above 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
2020 26 JUN	£317,000	£394,575	20% below HPI
2004 11 MAR	£225,995	£223,086	1% above HPI

54 HAZELWOOD 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 54 HAZELWOOD CLOSE sales from March 2004 and June 2020 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 March 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 54 HAZELWOOD CLOSE?

54 HAZELWOOD CLOSE is 97m², which includes three extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 54 HAZELWOOD CLOSE lies on this distribution: 35% of detached houses are smaller than 54 HAZELWOOD CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Luton.

54 HAZELWOOD CLOSE: Plot and Title Map

54 HAZELWOOD CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 54 HAZELWOOD 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 54 HAZELWOOD 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 54 HAZELWOOD CLOSE?

54 HAZELWOOD CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 54 on HAZELWOOD CLOSE.