16, LUCERNE CLOSE, COVENTRY, CV2 1SE - £288,000

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

16 LUCERNE CLOSE is a midsized extended detached house of 106m², built sometime between 1996 and 2002. It was last sold for £288,000 in February 2021, which was around 22% below the average February 2021 detached price in the Coventry local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

16 LUCERNE CLOSE Sold Prices

Land registry data shows three sales for 16 LUCERNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Coventry local authority area for the corresponding sale date. All of the three 16 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
2021 25 FEB	£288,000	£367,078	22% below HPI
2009 27 FEB	£170,000	£205,042	17% below HPI
2002 16 AUG	£138,000	£157,291	12% below HPI

16 LUCERNE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Coventry local authority area over time, sourced from the HPI. The three 16 LUCERNE CLOSE sales between August 2002 and February 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 February 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 LUCERNE CLOSE?

16 LUCERNE CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where 16 LUCERNE CLOSE lies on this distribution: 42% of detached houses are smaller than 16 LUCERNE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Coventry.

16 LUCERNE CLOSE: Plot and Title Map

16 LUCERNE CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 16 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 16 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 16 LUCERNE CLOSE?

16 LUCERNE CLOSE is located in COVENTRY, in the CV2 postcode district. The below map shows the position of No. 16 on LUCERNE CLOSE.