17, LUCERNE CLOSE, CAMBRIDGE, CB1 9YR - £350,000

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

17 LUCERNE CLOSE is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £350,000 in June 2021, which was around 34% below the average June 2021 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

17 LUCERNE CLOSE Sold Prices

Land registry data shows two sales for 17 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 South Cambridgeshire local authority area for the corresponding sale date. Both of the two 17 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 23 JUN	£350,000	£531,990	34% below HPI
2004 23 JUL	£180,000	£285,957	37% below HPI

17 LUCERNE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The two 17 LUCERNE CLOSE sales from July 2004 and June 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 July 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 17 LUCERNE CLOSE?

17 LUCERNE CLOSE is 73m² according to the EPC inspection conducted in September 2018. 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 17 LUCERNE CLOSE lies on this distribution: 6% of detached houses are smaller than 17 LUCERNE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

17 LUCERNE CLOSE: Plot and Title Map

17 LUCERNE CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 17 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 17 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 17 LUCERNE CLOSE?

17 LUCERNE CLOSE is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 17 on LUCERNE CLOSE.