16 Spear Close, Luton, LU3 3QY is a leasehold terraced property built between 1976-1982. The property offers approximately 614 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £173,389 , which equates to approximately £283 per square foot. It was last sold on 28 May 2002 for £53,500. Since then, the value has increased by £119,889, representing a 224.1% increase, or approximately 9.5% per year.

The current estimated value of £173,389 is:

  • 25.6% higher than the average property price on Spear Close
  • 23.1% higher than the average in the LU3 3QY postcode area
  • and 43.9% lower than the average price for Luton as a whole

At the most recent EPC inspection on 29 March 2022, the property was recorded as rented.

View sold house prices in LU3 3QY

Building approximate location

About Property

Type
Terraced Maisonette
Built
1976-1982
Interior Size
614 sq ft
Tenure
Leasehold
Price (estimate)
£173,389
Price Per sq ft (estimate)
£283
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Spear Close, Luton, LU3 3QY has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 29 Mar 2022.

This property uses electric underfloor heating as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Jul 2009, and the property received the same rating of E with an unchanged energy efficiency score of 45.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (electric underfloor heating).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in 86% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to LU3 3QY

2 nd / 16
Price Rank
23% higher than average
3 rd / 11
Size Rank
16% bigger than average
4 th / 11
Price Per Sq FT Rank
6% higher than average

Compared to other properties in LU3 3QY , this maisonette's estimated value ranks 2nd out of 16. Based on price per square foot, it ranks 4th out of 11 properties. In terms of size, this home ranks 3rd out of 11 properties in its postcode area.

Sale History

Today
£173,389
streetscan.co.uk estimate
+224 %
28 May 2002
£53,500
Leasehold
+67.2 %
21 Nov 2000
£32,000
Leasehold
+23.1 %
2 Jan 1997
£26,000
Leasehold

Area Insights

Similar Properties Sold Nearby

26 Spear Close, Luton, LU3 3QY
rooms: 2
size: 538 sq ft
sale price: £130,000
sale date: 10 Sep 2021
2 Spear Close, Luton, LU3 3QY
rooms: 4
size: 648 sq ft
sale price: £185,000
sale date: 11 Apr 2019
77 Spear Close, Luton, LU3 3QX
rooms: 3
size: 624 sq ft
sale price: £108,000
sale date: 30 Nov 2006

Data Sources

The property at 16 Spear Close, Luton, LU3 3QY appears three times in the Land Registry records, with the latest transaction recorded on 28 May 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Mar 2022. 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.
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