9, MEES CLOSE, LUTON, LU3 4AZ - £450,000

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

9 MEES CLOSE is a small extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £450,000 in June 2022, which was around 3% below the average June 2022 detached price in the Luton local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

9 MEES CLOSE Sold Prices

Land registry data shows four sales for 9 MEES 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 9 MEES 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
2022 1 JUN	£450,000	£462,709	3% below HPI
2006 25 AUG	£239,995	£238,551	1% above HPI
2001 7 DEC	£158,000	£153,981	3% above HPI
1998 30 NOV	£114,000	£93,419	22% above HPI

9 MEES 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 9 MEES CLOSE sales between November 1998 and June 2022 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 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 9 MEES CLOSE?

9 MEES CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 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 9 MEES CLOSE lies on this distribution: 38% of detached houses are smaller than 9 MEES CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Luton.

9 MEES CLOSE: Plot and Title Map

9 MEES CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 9 MEES 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 9 MEES 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 9 MEES CLOSE?

9 MEES CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 9 on MEES CLOSE.