57, MULBERRY CLOSE, LUTON, LU1 1BY - £269,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

57 MULBERRY CLOSE is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £269,000 in December 2017, which was around 34% below the average December 2017 detached price in the Luton local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was C.

57 MULBERRY CLOSE Sold Prices

Land registry data shows four sales for 57 MULBERRY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the four 57 MULBERRY 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
2017 8 DEC	£269,000	£405,960	34% below HPI
2012 15 NOV	£147,500	£245,871	40% below HPI
2003 17 OCT	£128,000	£218,350	41% below HPI
1998 31 JUL	£60,000	£91,460	34% below HPI

57 MULBERRY 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 four 57 MULBERRY CLOSE sales between July 1998 and December 2017 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 November 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2017 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 57 MULBERRY CLOSE?

57 MULBERRY CLOSE is 77m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 57 MULBERRY CLOSE lies on this distribution: 11% of detached houses are smaller than 57 MULBERRY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Luton.

57 MULBERRY CLOSE: Plot and Title Map

57 MULBERRY CLOSE sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 57 MULBERRY 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 57 MULBERRY 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 57 MULBERRY CLOSE?

57 MULBERRY CLOSE is located in LUTON, in the LU1 postcode district. The below map shows the position of No. 57 on MULBERRY CLOSE.