14, MORGAN CLOSE, LUTON, LU4 9GL - £128,000

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.

14 MORGAN CLOSE is a large flat of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £184,692. It was last sold for £128,000 in August 2006, which was around 17% above the average August 2006 flat price in the Luton local authority area. The most recent EPC inspection was May 2020, where the current energy rating was E, and the potential energy rating was C.

14 MORGAN CLOSE Sold Prices

Land registry data shows two sales for 14 MORGAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Luton local authority area for the corresponding sale date. Both of the two 14 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
2006 16 AUG	£128,000	£109,832	17% above HPI
2003 28 FEB	£250,000	£85,380	193% above HPI

What might 14 MORGAN CLOSE be worth now?

14 MORGAN CLOSE might now be worth an estimated £184,692.

This is based on house price inflation of 44.3%, between August 2006 and May 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 44.3% inflationary increase is applied to the most recent sale price for 14 MORGAN CLOSE of £128,000 on 16th August 2006. For the value to have increased from £128,000 to £184,692 over the twenty years and three months to May 2026, the following assumptions must hold true:

• The value of 14 MORGAN CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The August 2006 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MORGAN CLOSE has not materially changed since August 2006.

How Large is 14 MORGAN CLOSE?

14 MORGAN CLOSE is 56m² according to the EPC inspection conducted in May 2020. This puts it in the largest 40% of flats in Luton, based on EPC data. 64% of flats are smaller than 14 MORGAN CLOSE, and 33% of flats are larger. Note that EPC data is not available for all properties in Luton.

14 MORGAN CLOSE: Plot

14 MORGAN CLOSE sits on a plot of roughly 0.761 of an acre, or 3,078m².

Where is 14 MORGAN CLOSE?

14 MORGAN CLOSE is located in LUTON, in the LU4 postcode district.