8, HILL CLOSE, LUTON, LU3 2DS - £401,500

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

8 HILL CLOSE is a very large extended detached house of 163m², built sometime between 1950 and 1966. It was last sold for £401,500 in June 2018, which was about the average June 2018 detached price in the Luton local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was D.

8 HILL CLOSE Sold Prices

Land registry data shows three sales for 8 HILL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. The three 8 HILL CLOSE sales were a mix of roughly equal to the average price, and 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
2018 22 JUN	£401,500	£401,073	Close to HPI
2011 29 JUL	£250,000	£242,513	3% above HPI
2000 10 NOV	£199,995	£134,770	48% above HPI

8 HILL 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 three 8 HILL CLOSE sales between November 2000 and June 2018 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 2011 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 8 HILL CLOSE?

8 HILL CLOSE is 163m², which includes one extension, according to the EPC inspection conducted in February 2018. 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 8 HILL CLOSE lies on this distribution: 89% of detached houses are smaller than 8 HILL CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Luton.

8 HILL CLOSE: Plot and Title Map

8 HILL CLOSE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 8 HILL 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 8 HILL 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 8 HILL CLOSE?

8 HILL CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 8 on HILL CLOSE.