22, MORGAN CLOSE, LUTON, LU4 9GL - £127,500

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.

22 MORGAN CLOSE is a very large flat of 65m², built sometime between 1996 and 2002, which could now be worth an estimated £190,307. It was last sold for £127,500 in March 2005, which was around 20% above the average March 2005 flat price in the Luton local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was B.

22 MORGAN CLOSE Sold Prices

Land registry data shows three sales for 22 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 22 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
2005 31 MAR	£127,500	£106,520	20% above HPI
2003 19 DEC	£115,000	£93,668	23% above HPI
2003 28 FEB	£105,000	£85,380	23% above HPI

What might 22 MORGAN CLOSE be worth now?

22 MORGAN CLOSE might now be worth an estimated £190,307.

This is based on house price inflation of 49.3%, between March 2005 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 49.3% inflationary increase is applied to the most recent sale price for 22 MORGAN CLOSE of £127,500 on 31st March 2005. For the value to have increased from £127,500 to £190,307 over the twenty years and eleven months to April 2026, the following assumptions must hold true:

• The value of 22 MORGAN CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The March 2005 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 22 MORGAN CLOSE has not materially changed since March 2005.

How Large is 22 MORGAN CLOSE?

22 MORGAN CLOSE is 65m² according to the EPC inspection conducted in May 2010. This puts it in the largest 20% of flats in Luton, based on EPC data. 86% of flats are smaller than 22 MORGAN CLOSE, and 14% of flats are larger. Note that EPC data is not available for all properties in Luton.

22 MORGAN CLOSE: Plot

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

Where is 22 MORGAN CLOSE?

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