3, LUCERNE AVENUE, WATERLOOVILLE, PO7 6BB - £335,000

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

3 LUCERNE AVENUE is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £335,000 in May 2021, which was around 26% below the average May 2021 detached price in the Havant local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

3 LUCERNE AVENUE Sold Prices

Land registry data shows two sales for 3 LUCERNE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havant local authority area for the corresponding sale date. Both of the two 3 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
2021 24 MAY	£335,000	£453,017	26% below HPI
2016 30 SEP	£265,500	£381,166	30% below HPI

3 LUCERNE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The two 3 LUCERNE AVENUE sales from September 2016 and May 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 September 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 LUCERNE AVENUE?

3 LUCERNE AVENUE is 63m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of detached houses in Waterlooville, based on EPC data. The below chart shows the distribution of detached houses by size in Waterlooville, and where 3 LUCERNE AVENUE lies on this distribution: 3% of detached houses are smaller than 3 LUCERNE AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Waterlooville.

3 LUCERNE AVENUE: Plot and Title Map

3 LUCERNE AVENUE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 3 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 3 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 3 LUCERNE AVENUE?

3 LUCERNE AVENUE is located in WATERLOOVILLE, in the PO7 postcode district. The below map shows the position of No. 3 on LUCERNE AVENUE.