4, MORRELL CLOSE, LUTON, LU3 3XB - £191,000

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.

4 MORRELL CLOSE is a very small extended detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £413,283. It was last sold for £191,000 in August 2003, which was around 13% below the average August 2003 detached price in the Luton local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

4 MORRELL CLOSE Sold Prices

Land registry data shows one sale for 4 MORRELL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2003 15 AUG	£191,000	£218,360	13% below HPI

What might 4 MORRELL CLOSE be worth now?

4 MORRELL CLOSE might now be worth an estimated £413,283.

This is based on house price inflation of 116.4%, between August 2003 and April 2026, for detached 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 116.4% inflationary increase is applied to the most recent sale price for 4 MORRELL CLOSE of £191,000 on 15th August 2003. For the value to have increased from £191,000 to £413,283 over the 23 years and four months to April 2026, the following assumptions must hold true:

• The value of 4 MORRELL CLOSE has moved in line with the HPI for detached houses in the Luton local authority area.
• The August 2003 sale price of £191,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MORRELL CLOSE has not materially changed since August 2003.

How Large is 4 MORRELL CLOSE?

4 MORRELL CLOSE is 83m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 4 MORRELL CLOSE lies on this distribution: 17% of detached houses are smaller than 4 MORRELL CLOSE, and 82% of detached houses are larger. Note that EPC data is not available for all properties in Luton.

4 MORRELL CLOSE: Plot

4 MORRELL CLOSE sits on a plot of roughly 0.066 of an acre, or 268m².

Where is 4 MORRELL CLOSE?

4 MORRELL CLOSE is located in LUTON, in the LU3 postcode district.