116, LUCERNE CLOSE, CAMBRIDGE, CB1 9SA - £131,000

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

116 LUCERNE CLOSE is a very small detached house of 39m², built sometime between 1983 and 1990. It was last sold for £131,000 in December 2005, which was around 67% below the average December 2005 detached price in the Cambridge local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was A.

116 LUCERNE CLOSE Sold Prices

Land registry data shows two sales for 116 LUCERNE 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 Cambridge local authority area for the corresponding sale date. Both of the two 116 LUCERNE 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
2005 19 DEC	£131,000	£399,554	67% below HPI
1999 15 OCT	£67,000	£226,272	70% below HPI

116 LUCERNE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The two 116 LUCERNE CLOSE sales from October 1999 and December 2005 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 1999 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the December 2005 sale, where it rises to 67% below the HPI. The line then continues to track at 67% below the HPI.

How Large is 116 LUCERNE CLOSE?

116 LUCERNE CLOSE is 39m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 116 LUCERNE CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 116 LUCERNE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

116 LUCERNE CLOSE: Plot and Title Map

116 LUCERNE CLOSE sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 116 LUCERNE 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 116 LUCERNE 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 116 LUCERNE CLOSE?

116 LUCERNE CLOSE is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 116 on LUCERNE CLOSE.