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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 LUCERNE ROAD is a small extended detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £1,009,668. It was last sold for £537,500 in August 2009, which was around 4% 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	£516,741	4% above HPI
2006 29 SEP	£595,000	£514,471	16% above HPI
1997 14 AUG	£210,000	£192,046	9% 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 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2009 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 LUCERNE ROAD be worth now?

2 LUCERNE ROAD might now be worth an estimated £1,009,668.

This is based on house price inflation of 87.8%, between August 2009 and February 2025, for detached houses, in the Oxford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 87.8% inflationary increase is applied to the most recent sale price for 2 LUCERNE ROAD of £537,500 on 24th August 2009. For the value to have increased from £537,500 to £1,009,668 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 2 LUCERNE ROAD has moved in line with the HPI for detached houses in the Oxford local authority area.
• The August 2009 sale price of £537,500 represented a fair market value for the property.
• The size, condition, and specification of 2 LUCERNE ROAD has not materially changed since August 2009.

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 houses in Oxford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oxford, and where 2 LUCERNE ROAD lies on this distribution: 36% of detached houses houses are smaller than 2 LUCERNE ROAD, and 64% 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.