15, LAMORNA CLOSE, LUTON, LU3 2TH - £151,000

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 LAMORNA CLOSE is a large terraced house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £297,967. It was last sold for £151,000 in January 2011, which was around 13% above the average January 2011 terraced price in the Luton local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was C.

15 LAMORNA CLOSE Sold Prices

Land registry data shows one sale for 15 LAMORNA CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Luton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 21 JAN	£151,000	£133,204	13% above HPI

What might 15 LAMORNA CLOSE be worth now?

15 LAMORNA CLOSE might now be worth an estimated £297,967.

This is based on house price inflation of 97.3%, between January 2011 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 97.3% inflationary increase is applied to the most recent sale price for 15 LAMORNA CLOSE of £151,000 on 21st January 2011. For the value to have increased from £151,000 to £297,967 over the fourteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 15 LAMORNA CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The January 2011 sale price of £151,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LAMORNA CLOSE has not materially changed since January 2011.

How Large is 15 LAMORNA CLOSE?

15 LAMORNA CLOSE is 88m² according to the EPC inspection conducted in May 2010. This puts it in the largest 30% of terraced houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses by size in Luton, and where 15 LAMORNA CLOSE lies on this distribution: 74% of terraced houses are smaller than 15 LAMORNA CLOSE, and 24% of terraced houses are larger. Note that EPC data is not available for all properties in Luton.

15 LAMORNA CLOSE: Plot

15 LAMORNA CLOSE sits on a plot of roughly 0.032 of an acre, or 130m².

Where is 15 LAMORNA CLOSE?

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