1, LUCERNE ROAD, OAKWOOD, DERBY, DE21 2XF - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 LUCERNE ROAD is a midsized extended detached house of 111m², built sometime between 1991 and 1995, which could now be worth an estimated £384,571. It was last sold for £280,000 in February 2018, which was around 19% above the average February 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

1 LUCERNE ROAD Sold Prices

Land registry data shows two sales for 1 LUCERNE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 1 LUCERNE ROAD 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
2018 5 FEB	£280,000	£234,933	19% above HPI
2000 6 OCT	£107,000	£85,853	25% above HPI

1 LUCERNE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 1 LUCERNE ROAD sales from October 2000 and February 2018 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 October 2000 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2018 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 1 LUCERNE ROAD be worth now?

1 LUCERNE ROAD might now be worth an estimated £384,571.

This is based on house price inflation of 37.3%, between February 2018 and December 2024, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.3% inflationary increase is applied to the most recent sale price for 1 LUCERNE ROAD of £280,000 on 5th February 2018. For the value to have increased from £280,000 to £384,571 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 1 LUCERNE ROAD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LUCERNE ROAD has not materially changed since February 2018.

How Large is 1 LUCERNE ROAD?

1 LUCERNE ROAD is 111m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 50% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 1 LUCERNE ROAD lies on this distribution: 54% of detached houses houses are smaller than 1 LUCERNE ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 LUCERNE ROAD: Plot and Title Map

1 LUCERNE ROAD sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 1 LUCERNE ROAD, 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 1 LUCERNE ROAD). 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 1 LUCERNE ROAD?

1 LUCERNE ROAD is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 1 on LUCERNE ROAD.