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
88 MALTHOUSE GREEN is a very small detached house of 40m², built sometime between 1983 and 1990. It was last sold for £92,500 in November 2002, which was around 54% below the average November 2002 detached price in the Luton local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 88 MALTHOUSE GREEN since 1st 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 88 MALTHOUSE GREEN 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 |
---|---|---|---|
2002 1 NOV | £92,500 | £199,105 | 54% below HPI |
1999 28 MAY | £48,000 | £98,312 | 51% below HPI |
The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The two 88 MALTHOUSE GREEN sales from May 1999 and November 2002 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 May 1999 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the November 2002 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.
88 MALTHOUSE GREEN is 40m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 88 MALTHOUSE GREEN lies on this distribution: Less than 1% of detached houses are smaller than 88 MALTHOUSE GREEN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Luton.
88 MALTHOUSE GREEN sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 88 MALTHOUSE GREEN, 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 88 MALTHOUSE GREEN). 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.
88 MALTHOUSE GREEN is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 88 on MALTHOUSE GREEN.