77, MORGAN CLOSE, LUTON, LU4 9GN - £182,000

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.

77 MORGAN CLOSE is a small terraced house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £302,087. It was last sold for £182,000 in January 2015, which was around 16% above the average January 2015 terraced price in the Luton local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

77 MORGAN CLOSE Sold Prices

Land registry data shows three sales for 77 MORGAN CLOSE 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 77 MORGAN 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
2015 9 JAN	£182,000	£157,092	16% above HPI
2008 30 MAY	£175,000	£151,644	15% above HPI
2003 31 OCT	£170,000	£112,184	52% above HPI

77 MORGAN 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 three 77 MORGAN CLOSE sales between October 2003 and January 2015 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 2008 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2015 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 77 MORGAN CLOSE be worth now?

77 MORGAN CLOSE might now be worth an estimated £302,087.

This is based on house price inflation of 66%, between January 2015 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 66% inflationary increase is applied to the most recent sale price for 77 MORGAN CLOSE of £182,000 on 9th January 2015. For the value to have increased from £182,000 to £302,087 over the nine years and three months to October 2025, the following assumptions must hold true:

• The value of 77 MORGAN CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The January 2015 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 77 MORGAN CLOSE has not materially changed since January 2015.

How Large is 77 MORGAN CLOSE?

77 MORGAN CLOSE is 86m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% 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 77 MORGAN CLOSE lies on this distribution: 20% of terraced houses houses are smaller than 77 MORGAN CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Luton.

77 MORGAN CLOSE: Plot and Title Map

77 MORGAN CLOSE sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 77 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 77 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 77 MORGAN CLOSE?

77 MORGAN CLOSE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 77 on MORGAN CLOSE.