8, MULLION CLOSE, LUTON, LU2 7XF - £97,000

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.

8 MULLION CLOSE is a large flat of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £158,034. It was last sold for £97,000 in July 2009, which was about the average July 2009 flat price in the Luton local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

8 MULLION CLOSE Sold Prices

Land registry data shows two sales for 8 MULLION CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Luton local authority area for the corresponding sale date. One of the two 8 MULLION CLOSE sales was roughly equal to the average price, whilst the other was 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
2009 15 JUL	£97,000	£97,272	Close to HPI
1995 15 DEC	£33,500	£30,998	8% above HPI

What might 8 MULLION CLOSE be worth now?

8 MULLION CLOSE might now be worth an estimated £158,034.

This is based on house price inflation of 62.9%, between July 2009 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 62.9% inflationary increase is applied to the most recent sale price for 8 MULLION CLOSE of £97,000 on 15th July 2009. For the value to have increased from £97,000 to £158,034 over the seventeen years and two months to May 2026, the following assumptions must hold true:

• The value of 8 MULLION CLOSE has moved in line with the HPI for flats in the Luton local authority area.
• The July 2009 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MULLION CLOSE has not materially changed since July 2009.

How Large is 8 MULLION CLOSE?

8 MULLION CLOSE is 56m² according to the EPC inspection conducted in January 2009. This puts it in the largest 40% of flats in Luton, based on EPC data. 67% of flats are smaller than 8 MULLION CLOSE, and 33% of flats are larger. Note that EPC data is not available for all properties in Luton.

8 MULLION CLOSE: Plot

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

Where is 8 MULLION CLOSE?

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