1, ELDERBERRY CLOSE, LUTON, LU2 8JD - £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.

1 ELDERBERRY CLOSE is a large flat of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £163,559. It was last sold for £150,000 in February 2020, which was around 3% above the average February 2020 flat price in the Luton local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was C.

1 ELDERBERRY CLOSE Sold Prices

Land registry data shows five sales for 1 ELDERBERRY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Luton local authority area for the corresponding sale date. The five 1 ELDERBERRY CLOSE sales were a mix of above the average price, roughly equal to the average price, and below 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
2020 28 FEB	£150,000	£145,812	3% above HPI
2012 30 JUL	£120,000	£100,063	20% above HPI
2010 3 DEC	£110,000	£98,897	11% above HPI
2001 24 JUL	£57,000	£57,265	Close to HPI
1998 2 FEB	£27,000	£34,024	21% below HPI

What might 1 ELDERBERRY CLOSE be worth now?

1 ELDERBERRY CLOSE might now be worth an estimated £163,559.

This is based on house price inflation of 9%, between February 2020 and April 2026, for flats, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9% inflationary increase is applied to the most recent sale price for 1 ELDERBERRY CLOSE of £150,000 on 28th February 2020. For the value to have increased from £150,000 to £163,559 over the five years and ten months to April 2026, the following assumptions must hold true:

• The value of 1 ELDERBERRY CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The February 2020 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELDERBERRY CLOSE has not materially changed since February 2020.

How Large is 1 ELDERBERRY CLOSE?

1 ELDERBERRY CLOSE is 55m² according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of flats in Luton, based on EPC data. 61% of flats are smaller than 1 ELDERBERRY CLOSE, and 37% of flats are larger. Note that EPC data is not available for all properties in Luton.

1 ELDERBERRY CLOSE: Plot

1 ELDERBERRY CLOSE sits on a plot of roughly 1.1 acres, or 4,299m².

Where is 1 ELDERBERRY CLOSE?

1 ELDERBERRY CLOSE is located in LUTON, in the LU2 postcode district.