74, MORGAN CLOSE, LUTON, LU4 9GN - £163,000

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.

74 MORGAN CLOSE is a very small extended semi-detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £319,845. It was last sold for £163,000 in February 2013, which was around 3% below the average February 2013 semi-detached price in the Luton local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

74 MORGAN CLOSE Sold Prices

Land registry data shows three sales for 74 MORGAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. One of the three 74 MORGAN CLOSE sales was for below the average price, whilst two 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
2013 25 FEB	£163,000	£167,231	3% below HPI
2006 29 SEP	£185,000	£167,949	10% above HPI
2003 31 OCT	£172,000	£142,487	21% above HPI

74 MORGAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The three 74 MORGAN CLOSE sales between October 2003 and February 2013 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 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2013 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 74 MORGAN CLOSE be worth now?

74 MORGAN CLOSE might now be worth an estimated £319,845.

This is based on house price inflation of 96.2%, between February 2013 and April 2026, for semi-detached 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 96.2% inflationary increase is applied to the most recent sale price for 74 MORGAN CLOSE of £163,000 on 25th February 2013. For the value to have increased from £163,000 to £319,845 over the twelve years and ten months to April 2026, the following assumptions must hold true:

• The value of 74 MORGAN CLOSE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The February 2013 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 74 MORGAN CLOSE has not materially changed since February 2013.

How Large is 74 MORGAN CLOSE?

74 MORGAN CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 74 MORGAN CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 74 MORGAN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Luton.

74 MORGAN CLOSE: Plot and Title Map

74 MORGAN CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 74 MORGAN 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 74 MORGAN 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 74 MORGAN CLOSE?

74 MORGAN CLOSE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 74 on MORGAN CLOSE.