1 Lorimer Close, Luton, LU2 7RL is a freehold detached property built between 1983-1990. The property offers approximately 1,485 square feet of living space. In this location, properties of similar size usually have five bedrooms.

The estimated current market value of the property is £480,672 , which equates to approximately £324 per square foot. It was last sold on 13 Jun 2019 for £406,000. Since then, the value has increased by £74,672, representing a 18.4% increase, or approximately 2.8% per year.

The current estimated value of £480,672 is:

  • 24.7% higher than the average property price on Lorimer Close
  • 34.5% higher than the average in the LU2 7RL postcode area
  • and 55.5% higher than the average price for Luton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 18 March 2016, the property was recorded as owner-occupied.

View sold house prices in LU2 7RL

Building approximate location

About Property

Type
Detached House
Built
1983-1990
Interior Size
1485 sq ft
Tenure
Freehold
Price (estimate)
£480,672
Price Per sq ft (estimate)
£324
Bedroom Count (estimate)
5 bedrooms

EPC Summary

1 Lorimer Close, Luton, LU2 7RL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 Mar 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Feb 2010. The rating of D remains the same, but the energy efficiency score improved by 1.6%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from good to average, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from good to very good.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in 30% of fixed outlets, with efficiency changing from good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 30% of fixed outlets
Average

Compared to LU2 7RL

1 st / 59
Price Rank
34% higher than average
3 rd / 44
Size Rank
79% bigger than average
40 th / 44
Price Per Sq FT Rank
25% lower than average

Compared to other properties in LU2 7RL , this house's estimated value ranks 1st out of 59. Based on price per square foot, it ranks 40th out of 44 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 44 properties in its postcode area.

Sale History

Today
£480,672
streetscan.co.uk estimate
+18 %
13 Jun 2019
£406,000
Leasehold
+35.3 %
2 Jul 2010
£300,000
Leasehold
+9.1 %
23 Feb 2007
£275,000
Leasehold
+35.8 %
14 Sep 2001
£202,500
Leasehold
+73.1 %
21 Nov 1997
£117,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1507 sq ft
sale price: £243,000
sale date: 14 Dec 2012
rooms: 7
size: 1378 sq ft
sale price: £290,000
sale date: 4 Jan 2008

Data Sources

The property at 1 Lorimer Close, Luton, LU2 7RL appears five times in the Land Registry records, with the latest transaction recorded on 13 Jun 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Mar 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.