11, LAMORNA CLOSE, LUTON, LU3 2TH - £129,000

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.

11 LAMORNA CLOSE is a terraced house, which could now be worth an estimated £321,427. It was last sold for £129,000 in March 2003, which was around 22% above the average March 2003 terraced price in the Luton local authority area.

11 LAMORNA CLOSE Sold Prices

Land registry data shows two sales for 11 LAMORNA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Luton local authority area for the corresponding sale date. Both of the two 11 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
2003 7 MAR	£129,000	£105,491	22% above HPI
1996 27 JUL	£49,000	£38,188	28% above HPI

What might 11 LAMORNA CLOSE be worth now?

11 LAMORNA CLOSE might now be worth an estimated £321,427.

This is based on house price inflation of 149.2%, between March 2003 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 149.2% inflationary increase is applied to the most recent sale price for 11 LAMORNA CLOSE of £129,000 on 7th March 2003. For the value to have increased from £129,000 to £321,427 over the 22 years and ten months to May 2026, the following assumptions must hold true:

• The value of 11 LAMORNA CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The March 2003 sale price of £129,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LAMORNA CLOSE has not materially changed since March 2003.

Where is 11 LAMORNA CLOSE?

11 LAMORNA CLOSE is located in LUTON, in the LU3 postcode district.