84, MORGAN CLOSE, LUTON, LU4 9GN - £315,000

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

84 MORGAN CLOSE is a midsized detached house of 104m², built sometime between 2003 and 2006. It was last sold for £315,000 in December 2015, which was around 7% below the average December 2015 detached price in the Luton local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

84 MORGAN CLOSE Sold Prices

Land registry data shows two sales for 84 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. One of the two 84 MORGAN CLOSE sales was for below 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
2015 7 DEC	£315,000	£338,808	7% below HPI
2003 24 SEP	£230,000	£219,348	5% above HPI

84 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 84 MORGAN CLOSE sales from September 2003 and December 2015 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 September 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2015 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 84 MORGAN CLOSE?

84 MORGAN CLOSE is 104m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 84 MORGAN CLOSE lies on this distribution: 45% of detached houses are smaller than 84 MORGAN CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Luton.

84 MORGAN CLOSE: Plot and Title Map

84 MORGAN CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 84 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 84 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 84 MORGAN CLOSE?

84 MORGAN CLOSE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 84 on MORGAN CLOSE.