10, MORRELL CLOSE, LUTON, LU3 3XB - £205,000

10 MORRELL CLOSE is a very small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £205,000 in April 2007, which was around 20% below the average April 2007 detached price in the Luton local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

10 MORRELL CLOSE Sold Prices

Land registry data shows two sales for 10 MORRELL 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 10 MORRELL 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
2007 2 APR	£205,000	£254,709	20% below HPI
2001 12 SEP	£75,000	£149,115	50% below HPI

10 MORRELL 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 10 MORRELL CLOSE sales from September 2001 and April 2007 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 September 2001 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 2007 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 10 MORRELL CLOSE?

10 MORRELL CLOSE is 85m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 10 MORRELL CLOSE lies on this distribution: 19% of detached houses are smaller than 10 MORRELL CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Luton.

10 MORRELL CLOSE: Plot and Title Map

10 MORRELL CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 10 MORRELL 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 10 MORRELL 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 10 MORRELL CLOSE?

10 MORRELL CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 10 on MORRELL CLOSE.