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
34 LUCERNE AVENUE is a large extended detached house of 136m², built sometime between 1996 and 2002. It was last sold for £550,000 in December 2022, which was around 4% below the average December 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 34 LUCERNE AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Two of the three 34 LUCERNE AVENUE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2022 9 DEC | £550,000 | £572,401 | 4% below HPI |
2013 16 MAY | £372,500 | £360,509 | 3% above HPI |
2000 29 NOV | £152,950 | £191,815 | 20% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 34 LUCERNE AVENUE sales between November 2000 and December 2022 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 May 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
34 LUCERNE AVENUE is 136m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 34 LUCERNE AVENUE lies on this distribution: 71% of detached houses are smaller than 34 LUCERNE AVENUE, and 29% of houses are larger. Note that EPC data is not available for all properties in Bicester.
34 LUCERNE AVENUE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 34 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 34 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.
34 LUCERNE AVENUE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 34 on LUCERNE AVENUE.