2, LUCERNE ROAD, OXFORD, OX2 7QB - £537,500

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

2 LUCERNE ROAD is a small extended detached house of 118m², built sometime between 1930 and 1949. It was last sold for £537,500 in August 2009, which was around 9% above the average August 2009 detached price in the Oxford local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

2 LUCERNE ROAD Sold Prices

Land registry data shows three sales for 2 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 Oxford local authority area for the corresponding sale date. All of the three 2 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
2009 24 AUG	£537,500	£491,208	9% above HPI
2006 29 SEP	£595,000	£489,051	22% above HPI
1997 14 AUG	£210,000	£182,557	15% above HPI

2 LUCERNE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oxford local authority area over time, sourced from the HPI. The three 2 LUCERNE ROAD sales between August 1997 and August 2009 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 September 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2009 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 LUCERNE ROAD?

2 LUCERNE ROAD is 118m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% of detached houses in Oxford, based on EPC data. The below chart shows the distribution of detached houses by size in Oxford, and where 2 LUCERNE ROAD lies on this distribution: 37% of detached houses are smaller than 2 LUCERNE ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Oxford.

2 LUCERNE ROAD: Plot and Title Map

2 LUCERNE ROAD sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 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 2 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 2 LUCERNE ROAD?

2 LUCERNE ROAD is located in OXFORD, in the OX2 postcode district. The below map shows the position of No. 2 on LUCERNE ROAD.