12, LUCERNE AVENUE, BICESTER, OX26 3ZN - £352,450

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

12 LUCERNE AVENUE is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £352,450 in July 2016, which was around 26% below the average July 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

12 LUCERNE AVENUE Sold Prices

Land registry data shows two sales for 12 LUCERNE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 12 LUCERNE AVENUE 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
2016 12 JUL	£352,450	£475,073	26% below HPI
1999 16 DEC	£127,950	£166,609	23% below HPI

12 LUCERNE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 12 LUCERNE AVENUE sales from December 1999 and July 2016 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 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 12 LUCERNE AVENUE?

12 LUCERNE AVENUE is 92m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 12 LUCERNE AVENUE lies on this distribution: 23% of detached houses are smaller than 12 LUCERNE AVENUE, and 77% of houses are larger. Note that EPC data is not available for all properties in Bicester.

12 LUCERNE AVENUE: Plot and Title Map

12 LUCERNE AVENUE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 12 LUCERNE AVENUE, 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 12 LUCERNE AVENUE). 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 12 LUCERNE AVENUE?

12 LUCERNE AVENUE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 12 on LUCERNE AVENUE.