28, MUIRFIELD, LUTON, LU2 7SB - £144,500

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.

28 MUIRFIELD is a very small terraced house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £274,860. It was last sold for £144,500 in August 2010, which was around 5% above the average August 2010 terraced price in the Luton local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

28 MUIRFIELD Sold Prices

Land registry data shows four sales for 28 MUIRFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. All of the four 28 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
2010 9 AUG	£144,500	£138,186	5% above HPI
2004 2 APR	£124,000	£120,081	3% above HPI
2002 9 MAY	£89,000	£80,179	11% above HPI
2001 30 MAY	£80,000	£70,066	14% above HPI

28 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 four 28 MUIRFIELD sales between May 2001 and August 2010 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 April 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2010 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 28 MUIRFIELD be worth now?

28 MUIRFIELD might now be worth an estimated £274,860.

This is based on house price inflation of 90.2%, between August 2010 and May 2026, 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 90.2% inflationary increase is applied to the most recent sale price for 28 MUIRFIELD of £144,500 on 9th August 2010. For the value to have increased from £144,500 to £274,860 over the sixteen years and three months to May 2026, the following assumptions must hold true:

• The value of 28 MUIRFIELD has moved in line with the HPI for terraced houses in the Luton local authority area.
• The August 2010 sale price of £144,500 represented a fair market value for the property.
• The size, condition, and specification of 28 MUIRFIELD has not materially changed since August 2010.

How Large is 28 MUIRFIELD?

28 MUIRFIELD is 57m² according to the EPC inspection conducted in April 2010. 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 28 MUIRFIELD lies on this distribution: 2% of terraced houses houses are smaller than 28 MUIRFIELD, and 98% of houses are larger. Note that EPC data is not available for all properties in Luton.

28 MUIRFIELD: Plot and Title Map

28 MUIRFIELD sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 28 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 28 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 28 MUIRFIELD?

28 MUIRFIELD is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 28 on MUIRFIELD.