3, LAMORNA CLOSE, LUTON, LU3 2TH - £157,500

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.

3 LAMORNA CLOSE is a midsized extended terraced house of 109m², built sometime between 1976 and 1982, which could now be worth an estimated £284,208. It was last sold for £157,500 in April 2014, which was around 8% above the average April 2014 terraced price in the Luton local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

3 LAMORNA CLOSE Sold Prices

Land registry data shows four sales for 3 LAMORNA CLOSE 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 3 LAMORNA CLOSE 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
2014 23 APR	£157,500	£146,343	8% above HPI
2011 4 MAY	£132,000	£130,577	1% above HPI
2004 7 JUL	£145,000	£124,244	17% above HPI
2004 4 FEB	£130,000	£115,817	12% above HPI

3 LAMORNA CLOSE 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 3 LAMORNA CLOSE sales between February 2004 and April 2014 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 May 2011 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2014 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 3 LAMORNA CLOSE be worth now?

3 LAMORNA CLOSE might now be worth an estimated £284,208.

This is based on house price inflation of 80.4%, between April 2014 and April 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 80.4% inflationary increase is applied to the most recent sale price for 3 LAMORNA CLOSE of £157,500 on 23rd April 2014. For the value to have increased from £157,500 to £284,208 over the twelve years to April 2026, the following assumptions must hold true:

• The value of 3 LAMORNA CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The April 2014 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LAMORNA CLOSE has not materially changed since April 2014.

How Large is 3 LAMORNA CLOSE?

3 LAMORNA CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 50% 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 3 LAMORNA CLOSE lies on this distribution: 51% of terraced houses houses are smaller than 3 LAMORNA CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Luton.

3 LAMORNA CLOSE: Plot and Title Map

3 LAMORNA CLOSE sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 3 LAMORNA 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 3 LAMORNA 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 3 LAMORNA CLOSE?

3 LAMORNA CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 3 on LAMORNA CLOSE.