137, MORGAN CLOSE, LUTON, LU4 9GN - £219,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

137 MORGAN CLOSE is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £219,000 in January 2003, which was around 7% above the average January 2003 detached price in the Luton local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

137 MORGAN CLOSE Sold Prices

Land registry data shows two sales for 137 MORGAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 137 MORGAN 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
2003 8 JAN	£219,000	£205,575	7% above HPI
2002 27 JUN	£185,000	£166,591	11% above HPI

137 MORGAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The two 137 MORGAN CLOSE sales from June 2002 and January 2003 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2003 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 137 MORGAN CLOSE?

137 MORGAN CLOSE is 92m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 137 MORGAN CLOSE lies on this distribution: 29% of detached houses are smaller than 137 MORGAN CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Luton.

137 MORGAN CLOSE: Plot and Title Map

137 MORGAN CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 137 MORGAN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 137 MORGAN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 137 MORGAN CLOSE?

137 MORGAN CLOSE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 137 on MORGAN CLOSE.