15, MORRELL CLOSE, LUTON, LU3 3XB - £250,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 MORRELL CLOSE is a large extended detached house of 125m², built sometime between 1983 and 1990. It was last sold for £250,000 in September 2008, which was around 2% below the average September 2008 detached price in the Luton local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

15 MORRELL CLOSE Sold Prices

Land registry data shows two sales for 15 MORRELL 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 15 MORRELL CLOSE sales were for below 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
2008 25 SEP	£250,000	£254,860	2% below HPI
2002 5 DEC	£115,000	£201,927	43% below HPI

15 MORRELL 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 15 MORRELL CLOSE sales from December 2002 and September 2008 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 December 2002 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2008 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 15 MORRELL CLOSE?

15 MORRELL CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 15 MORRELL CLOSE lies on this distribution: 68% of detached houses are smaller than 15 MORRELL CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Luton.

15 MORRELL CLOSE: Plot and Title Map

15 MORRELL CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 15 MORRELL 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 15 MORRELL 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 15 MORRELL CLOSE?

15 MORRELL CLOSE is located in LUTON, in the LU3 postcode district. The below map shows the position of No. 15 on MORRELL CLOSE.