7, LONSDALE CLOSE, LUTON, LU3 2ND - £240,000

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 LONSDALE CLOSE is a large extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £240,000 in November 2010, which was around 2% below the average November 2010 detached price in the Luton local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

7 LONSDALE CLOSE Sold Prices

Land registry data shows four sales for 7 LONSDALE 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 7 LONSDALE 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
2010 5 NOV	£240,000	£243,827	2% below HPI
2004 23 JUL	£195,000	£227,123	14% below HPI
2003 4 APR	£177,500	£212,060	16% below HPI
1998 30 OCT	£93,000	£93,747	1% below HPI

7 LONSDALE 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 LONSDALE CLOSE sales between October 1998 and November 2010 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 July 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2010 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 LONSDALE CLOSE?

7 LONSDALE CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 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 7 LONSDALE CLOSE lies on this distribution: 65% of detached houses are smaller than 7 LONSDALE CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Luton.

7 LONSDALE CLOSE: Plot and Title Map

7 LONSDALE CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 7 LONSDALE 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 LONSDALE 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 LONSDALE CLOSE?

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