25, LUCERNE AVENUE, BICESTER, OX26 3EW - £525,000

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

25 LUCERNE AVENUE is a midsized extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £525,000 in January 2024, which was around 6% below the average January 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

25 LUCERNE AVENUE Sold Prices

Land registry data shows four sales for 25 LUCERNE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 25 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
2024 31 JAN	£525,000	£557,083	6% below HPI
2018 12 JAN	£420,000	£476,757	12% below HPI
2000 28 JUL	£178,000	£191,593	7% below HPI
1998 17 DEC	£141,500	£145,413	3% below HPI

25 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 four 25 LUCERNE AVENUE sales between December 1998 and January 2024 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 January 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 25 LUCERNE AVENUE?

25 LUCERNE AVENUE is 115m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 25 LUCERNE AVENUE lies on this distribution: 49% of detached houses are smaller than 25 LUCERNE AVENUE, and 51% of houses are larger. Note that EPC data is not available for all properties in Bicester.

25 LUCERNE AVENUE: Plot and Title Map

25 LUCERNE AVENUE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 25 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 25 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 25 LUCERNE AVENUE?

25 LUCERNE AVENUE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 25 on LUCERNE AVENUE.