20, MORGAN CLOSE, LUTON, LU4 9GL - £174,000

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.

20 MORGAN CLOSE is a large flat of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £187,370. It was last sold for £174,000 in April 2020, which was around 18% above the average April 2020 flat price in the Luton local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

20 MORGAN CLOSE Sold Prices

Land registry data shows three sales for 20 MORGAN 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 20 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
2020 9 APR	£174,000	£147,169	18% above HPI
2003 11 NOV	£120,000	£92,390	30% above HPI
2003 28 FEB	£100,000	£85,380	17% above HPI

What might 20 MORGAN CLOSE be worth now?

20 MORGAN CLOSE might now be worth an estimated £187,370.

This is based on house price inflation of 7.7%, between April 2020 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 7.7% inflationary increase is applied to the most recent sale price for 20 MORGAN CLOSE of £174,000 on 9th April 2020. For the value to have increased from £174,000 to £187,370 over the five years and eleven months to May 2026, the following assumptions must hold true:

• The value of 20 MORGAN CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The April 2020 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 20 MORGAN CLOSE has not materially changed since April 2020.

How Large is 20 MORGAN CLOSE?

20 MORGAN CLOSE is 62m² according to the EPC inspection conducted in January 2013. This puts it in the largest 20% of flats in Luton, based on EPC data. 79% of flats are smaller than 20 MORGAN CLOSE, and 20% of flats are larger. Note that EPC data is not available for all properties in Luton.

20 MORGAN CLOSE: Plot

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

Where is 20 MORGAN CLOSE?

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