15, ELDERBERRY CLOSE, LUTON, LU2 8JD - £160,000

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.

15 ELDERBERRY CLOSE is a large flat of 55m², built sometime between 1976 and 1982, which could now be worth an estimated £155,109. It was last sold for £160,000 in May 2022, which was around 2% below the average May 2022 flat price in the Luton local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was B.

15 ELDERBERRY CLOSE Sold Prices

Land registry data shows three sales for 15 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. Two of the three 15 ELDERBERRY CLOSE sales were for below the average price, whilst one was 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
2022 30 MAY	£160,000	£164,005	2% below HPI
2004 17 DEC	£108,000	£104,945	3% above HPI
2000 15 JAN	£41,000	£44,374	8% below HPI

What might 15 ELDERBERRY CLOSE be worth now?

15 ELDERBERRY CLOSE might now be worth an estimated £155,109.

This is based on house price deflation of 3.1%, between May 2022 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 3.1% deflationary decrease is applied to the most recent sale price for 15 ELDERBERRY CLOSE of £160,000 on 30th May 2022. For the value to have decreased from £160,000 to £155,109 over the four years and one month to April 2026, the following assumptions must hold true:

• The value of 15 ELDERBERRY CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The May 2022 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ELDERBERRY CLOSE has not materially changed since May 2022.

How Large is 15 ELDERBERRY CLOSE?

15 ELDERBERRY CLOSE is 55m² according to the EPC inspection conducted in October 2021. This puts it in the largest 40% of flats in Luton, based on EPC data. 61% of flats are smaller than 15 ELDERBERRY CLOSE, and 37% of flats are larger. Note that EPC data is not available for all properties in Luton.

15 ELDERBERRY CLOSE: Plot

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

Where is 15 ELDERBERRY CLOSE?

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