54, MORGAN CLOSE, LUTON, LU4 9GL - £132,500

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.

54 MORGAN CLOSE is a small terraced house of 63m², built sometime between 1996 and 2002, which could now be worth an estimated £328,076. It was last sold for £132,500 in April 2003, which was around 24% above the average April 2003 terraced price in the Luton local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

54 MORGAN CLOSE Sold Prices

Land registry data shows one sale for 54 MORGAN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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 25 APR	£132,500	£106,652	24% above HPI

What might 54 MORGAN CLOSE be worth now?

54 MORGAN CLOSE might now be worth an estimated £328,076.

This is based on house price inflation of 147.6%, between April 2003 and April 2026, for terraced 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 147.6% inflationary increase is applied to the most recent sale price for 54 MORGAN CLOSE of £132,500 on 25th April 2003. For the value to have increased from £132,500 to £328,076 over the 23 years to April 2026, the following assumptions must hold true:

• The value of 54 MORGAN CLOSE has moved in line with the HPI for terraced houses in the Luton local authority area.
• The April 2003 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 54 MORGAN CLOSE has not materially changed since April 2003.

How Large is 54 MORGAN CLOSE?

54 MORGAN CLOSE is 63m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of terraced houses in Luton, based on EPC data. The below chart shows the distribution of terraced houses by size in Luton, and where 54 MORGAN CLOSE lies on this distribution: 24% of terraced houses are smaller than 54 MORGAN CLOSE, and 75% of terraced houses are larger. Note that EPC data is not available for all properties in Luton.

54 MORGAN CLOSE: Plot

54 MORGAN CLOSE sits on a plot of roughly 0.350 of an acre, or 1,416m².

Where is 54 MORGAN CLOSE?

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