7, BURFORD CLOSE, LUTON, LU3 4DS - £470,000

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

7 BURFORD CLOSE is a very large extended detached house of 155m², built sometime between 1983 and 1990. It was last sold for £470,000 in November 2016, which was around 23% above the average November 2016 detached price in the Luton local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

7 BURFORD CLOSE Sold Prices

Land registry data shows two sales for 7 BURFORD 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 7 BURFORD CLOSE sales were 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
2016 25 NOV	£470,000	£381,284	23% above HPI
2003 10 OCT	£284,000	£218,350	30% above HPI

7 BURFORD 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 7 BURFORD CLOSE sales from October 2003 and November 2016 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 October 2003 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2016 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 7 BURFORD CLOSE?

7 BURFORD CLOSE is 155m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 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 7 BURFORD CLOSE lies on this distribution: 86% of detached houses are smaller than 7 BURFORD CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Luton.

7 BURFORD CLOSE: Plot and Title Map

7 BURFORD CLOSE sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 7 BURFORD 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 7 BURFORD 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 7 BURFORD CLOSE?

7 BURFORD CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 7 on BURFORD CLOSE.