4, MULLION CLOSE, LUTON, LU2 7XF - £203,000

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 MULLION CLOSE is a midsized flat of 54m², built sometime between 1950 and 1966, which could now be worth an estimated £193,561. It was last sold for £203,000 in October 2023, which was around 22% above the average October 2023 flat price in the Luton local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was C.

4 MULLION CLOSE Sold Prices

Land registry data shows four sales for 4 MULLION CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Luton local authority area for the corresponding sale date. All of the four 4 MULLION 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
2023 30 OCT	£203,000	£166,205	22% above HPI
2020 30 NOV	£183,000	£146,454	25% above HPI
2014 22 AUG	£137,500	£109,666	25% above HPI
2013 29 NOV	£124,950	£99,364	26% above HPI

What might 4 MULLION CLOSE be worth now?

4 MULLION CLOSE might now be worth an estimated £193,561.

This is based on house price deflation of 4.6%, between October 2023 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 4.6% deflationary decrease is applied to the most recent sale price for 4 MULLION CLOSE of £203,000 on 30th October 2023. For the value to have decreased from £203,000 to £193,561 over the three years and five months to May 2026, the following assumptions must hold true:

• The value of 4 MULLION CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The October 2023 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MULLION CLOSE has not materially changed since October 2023.

How Large is 4 MULLION CLOSE?

4 MULLION CLOSE is 54m² according to the EPC inspection conducted in June 2023. This puts it in the largest 40% of flats in Luton, based on EPC data. 59% of flats are smaller than 4 MULLION CLOSE, and 39% of flats are larger. Note that EPC data is not available for all properties in Luton.

4 MULLION CLOSE: Plot

4 MULLION CLOSE sits on a plot of roughly 1.4 acres, or 5,575m².

Where is 4 MULLION CLOSE?

4 MULLION CLOSE is located in LUTON, in the LU2 postcode district.