25, LUCERNE ROAD, OAKWOOD, DERBY, DE21 2XF - £255,000

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

25 LUCERNE ROAD is a small extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £255,000 in September 2021, which was around 8% below the average September 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

25 LUCERNE ROAD Sold Prices

Land registry data shows four sales for 25 LUCERNE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Most of the four 25 LUCERNE ROAD 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 14 SEP	£255,000	£276,194	8% below HPI
2016 5 APR	£210,000	£216,516	3% below HPI
2001 14 NOV	£97,000	£98,775	2% below HPI
2000 26 MAY	£81,000	£79,422	2% above HPI

25 LUCERNE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The four 25 LUCERNE ROAD sales between May 2000 and September 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 April 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 25 LUCERNE ROAD?

25 LUCERNE ROAD is 87m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 25 LUCERNE ROAD lies on this distribution: 28% of detached houses are smaller than 25 LUCERNE ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Derby.

25 LUCERNE ROAD: Plot and Title Map

25 LUCERNE ROAD sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 25 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 25 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 25 LUCERNE ROAD?

25 LUCERNE ROAD is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 25 on LUCERNE ROAD.