9, OVING CLOSE, LUTON, LU2 9RN - £245,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

9 OVING CLOSE is a very small semi-detached house of 73m², built sometime between 1967 and 1975. It was last sold for £245,000 in September 2020, which was around 37% below the average September 2020 detached price in the Luton local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

9 OVING CLOSE Sold Prices

Land registry data shows two sales for 9 OVING CLOSE since 1^st 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 9 OVING 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
2020 23 SEP	£245,000	£391,498	37% below HPI
1999 17 DEC	£84,995	£111,597	24% below HPI

9 OVING 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 two 9 OVING CLOSE sales from December 1999 and September 2020 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 December 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 9 OVING CLOSE?

9 OVING CLOSE is 73m² according to the EPC inspection conducted in September 2019. 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 9 OVING CLOSE lies on this distribution: 8% of detached houses are smaller than 9 OVING CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Luton.

9 OVING CLOSE: Plot and Title Map

9 OVING CLOSE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 9 OVING 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 OVING 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 OVING CLOSE?

9 OVING CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 9 on OVING CLOSE.