7, LAUNTON CLOSE, LUTON, LU3 4BF - £377,500

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 LAUNTON CLOSE is a midsized detached house of 102m², built sometime between 1991 and 1995. It was last sold for £377,500 in March 2021, which was around 7% below the average March 2021 detached price in the Luton local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

7 LAUNTON CLOSE Sold Prices

Land registry data shows four sales for 7 LAUNTON 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. Most of the four 7 LAUNTON 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
2021 3 MAR	£377,500	£404,570	7% below HPI
2011 12 AUG	£249,995	£243,084	3% above HPI
2000 21 DEC	£156,000	£136,896	14% above HPI
1998 13 AUG	£127,350	£93,338	36% above HPI

7 LAUNTON 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 7 LAUNTON CLOSE sales between August 1998 and March 2021 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 August 2011 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 7 LAUNTON CLOSE?

7 LAUNTON CLOSE is 102m² according to the EPC inspection conducted in February 2011. 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 7 LAUNTON CLOSE lies on this distribution: 42% of detached houses are smaller than 7 LAUNTON CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Luton.

7 LAUNTON CLOSE: Plot and Title Map

7 LAUNTON CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 7 LAUNTON 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 LAUNTON 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 LAUNTON CLOSE?

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