10, LUCERNE ROAD, OAKWOOD, DERBY, DE21 2XF - £365,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 LUCERNE ROAD is a large extended detached house of 123m², built sometime between 1983 and 1990. It was last sold for £365,000 in March 2021, which was around 38% above the average March 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

10 LUCERNE ROAD Sold Prices

Land registry data shows three sales for 10 LUCERNE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 10 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
2021 15 MAR	£365,000	£264,962	38% above HPI
2016 31 MAY	£268,000	£217,315	23% above HPI
2005 28 OCT	£222,000	£192,734	15% above HPI

10 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 three 10 LUCERNE ROAD sales between October 2005 and March 2021 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 May 2016 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2021 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 10 LUCERNE ROAD?

10 LUCERNE ROAD is 123m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 10 LUCERNE ROAD lies on this distribution: 67% of detached houses are smaller than 10 LUCERNE ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Derby.

10 LUCERNE ROAD: Plot and Title Map

10 LUCERNE ROAD sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 10 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 10 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 10 LUCERNE ROAD?

10 LUCERNE ROAD is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 10 on LUCERNE ROAD.