25, ELDERBERRY CLOSE, LUTON, LU2 8JD - £175,000

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.

25 ELDERBERRY CLOSE is a large flat of 58m², built sometime between 1976 and 1982, which could now be worth an estimated £168,285. It was last sold for £175,000 in June 2022, which was around 6% above the average June 2022 flat price in the Luton local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

25 ELDERBERRY CLOSE Sold Prices

Land registry data shows three sales for 25 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. One of the three 25 ELDERBERRY CLOSE sales was for above the average price, whilst two 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
2022 16 JUN	£175,000	£165,336	6% above HPI
1997 19 DEC	£28,995	£33,983	15% below HPI
1996 30 AUG	£27,500	£30,474	10% below HPI

What might 25 ELDERBERRY CLOSE be worth now?

25 ELDERBERRY CLOSE might now be worth an estimated £168,285.

This is based on house price deflation of 3.8%, between June 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 3.8% deflationary decrease is applied to the most recent sale price for 25 ELDERBERRY CLOSE of £175,000 on 16th June 2022. For the value to have decreased from £175,000 to £168,285 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of 25 ELDERBERRY CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The June 2022 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 25 ELDERBERRY CLOSE has not materially changed since June 2022.

How Large is 25 ELDERBERRY CLOSE?

25 ELDERBERRY CLOSE is 58m² according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of flats in Luton, based on EPC data. 69% of flats are smaller than 25 ELDERBERRY CLOSE, and 28% of flats are larger. Note that EPC data is not available for all properties in Luton.

25 ELDERBERRY CLOSE: Plot

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

Where is 25 ELDERBERRY CLOSE?

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