24, MUIRFIELD, LUTON, LU2 7SB - £150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 MUIRFIELD is a very small terraced house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £297,230. It was last sold for £150,000 in October 2009, which was around 14% above the average October 2009 terraced price in the Luton local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

24 MUIRFIELD Sold Prices

Land registry data shows three sales for 24 MUIRFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. All of the three 24 MUIRFIELD 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
2009 1 OCT	£150,000	£131,587	14% above HPI
2002 9 AUG	£129,995	£89,552	45% above HPI
2002 5 APR	£90,000	£79,074	14% above HPI

24 MUIRFIELD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Luton local authority area over time, sourced from the HPI. The three 24 MUIRFIELD sales between April 2002 and October 2009 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 2002 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2009 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 24 MUIRFIELD be worth now?

24 MUIRFIELD might now be worth an estimated £297,230.

This is based on house price inflation of 98.2%, between October 2009 and October 2025, for terraced houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 98.2% inflationary increase is applied to the most recent sale price for 24 MUIRFIELD of £150,000 on 1st October 2009. For the value to have increased from £150,000 to £297,230 over the sixteen years to October 2025, the following assumptions must hold true:

• The value of 24 MUIRFIELD has moved in line with the HPI for terraced houses in the Luton local authority area.
• The October 2009 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MUIRFIELD has not materially changed since October 2009.

How Large is 24 MUIRFIELD?

24 MUIRFIELD is 73m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of terraced houses houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Luton, and where 24 MUIRFIELD lies on this distribution: 8% of terraced houses houses are smaller than 24 MUIRFIELD, and 92% of houses are larger. Note that EPC data is not available for all properties in Luton.

24 MUIRFIELD: Plot and Title Map

24 MUIRFIELD sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 24 MUIRFIELD, 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 24 MUIRFIELD). 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 24 MUIRFIELD?

24 MUIRFIELD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 24 on MUIRFIELD.