12, ELDERBERRY CLOSE, LUTON, LU2 8JD - £120,000

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.

12 ELDERBERRY CLOSE is a large flat of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £116,086. It was last sold for £120,000 in April 2024, which was around 27% below the average April 2024 flat price in the Luton local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

12 ELDERBERRY CLOSE Sold Prices

Land registry data shows three sales for 12 ELDERBERRY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Luton local authority area for the corresponding sale date. One of the three 12 ELDERBERRY 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
2024 2 APR	£120,000	£164,353	27% below HPI
2022 31 MAR	£166,250	£163,580	2% above HPI
1996 15 APR	£33,000	£29,334	12% above HPI

What might 12 ELDERBERRY CLOSE be worth now?

12 ELDERBERRY CLOSE might now be worth an estimated £116,086.

This is based on house price deflation of 3.3%, between April 2024 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 3.3% deflationary decrease is applied to the most recent sale price for 12 ELDERBERRY CLOSE of £120,000 on 2nd April 2024. For the value to have decreased from £120,000 to £116,086 over the two years to April 2026, the following assumptions must hold true:

• The value of 12 ELDERBERRY CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The April 2024 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ELDERBERRY CLOSE has not materially changed since April 2024.

How Large is 12 ELDERBERRY CLOSE?

12 ELDERBERRY CLOSE is 56m² according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of flats in Luton, based on EPC data. 64% of flats are smaller than 12 ELDERBERRY CLOSE, and 34% of flats are larger. Note that EPC data is not available for all properties in Luton.

12 ELDERBERRY CLOSE: Plot

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

Where is 12 ELDERBERRY CLOSE?

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