2, ELDERBERRY CLOSE, LUTON, LU2 8JD - £130,000

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.

2 ELDERBERRY CLOSE is a very large flat of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £157,541. It was last sold for £130,000 in December 2015, which was around 1% below the average December 2015 flat price in the Luton local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

2 ELDERBERRY CLOSE Sold Prices

Land registry data shows three sales for 2 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. All of the three 2 ELDERBERRY CLOSE sales were for below 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
2015 16 DEC	£130,000	£131,197	1% below HPI
2007 2 APR	£115,000	£117,606	2% below HPI
2003 24 JUL	£90,000	£92,573	3% below HPI

What might 2 ELDERBERRY CLOSE be worth now?

2 ELDERBERRY CLOSE might now be worth an estimated £157,541.

This is based on house price inflation of 21.2%, between December 2015 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 21.2% inflationary increase is applied to the most recent sale price for 2 ELDERBERRY CLOSE of £130,000 on 16th December 2015. For the value to have increased from £130,000 to £157,541 over the eleven years and eight months to April 2026, the following assumptions must hold true:

• The value of 2 ELDERBERRY CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The December 2015 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELDERBERRY CLOSE has not materially changed since December 2015.

How Large is 2 ELDERBERRY CLOSE?

2 ELDERBERRY CLOSE is 66m² according to the EPC inspection conducted in February 2023. This puts it in the largest 20% of flats in Luton, based on EPC data. 86% of flats are smaller than 2 ELDERBERRY CLOSE, and 13% of flats are larger. Note that EPC data is not available for all properties in Luton.

2 ELDERBERRY CLOSE: Plot

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

Where is 2 ELDERBERRY CLOSE?

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