36, LUCERNE AVENUE, BICESTER, OX26 3EL - £427,500

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

36 LUCERNE AVENUE is a very small extended detached house of 83m², built sometime between 1996 and 2002. It was last sold for £427,500 in March 2024, which was around 21% below the average March 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

36 LUCERNE AVENUE Sold Prices

Land registry data shows four sales for 36 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 36 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 8 MAR	£427,500	£542,256	21% below HPI
2022 30 JUN	£420,000	£531,983	21% below HPI
2004 25 JUN	£214,995	£289,349	26% below HPI
2000 8 DEC	£140,950	£194,124	27% below HPI

36 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 36 LUCERNE AVENUE sales between December 2000 and March 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 June 2022 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2024 sale, which was also at 21% below the HPI.

How Large is 36 LUCERNE AVENUE?

36 LUCERNE AVENUE is 83m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 36 LUCERNE AVENUE lies on this distribution: 14% of detached houses are smaller than 36 LUCERNE AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Bicester.

36 LUCERNE AVENUE: Plot and Title Map

36 LUCERNE AVENUE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 36 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 36 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 36 LUCERNE AVENUE?

36 LUCERNE AVENUE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 36 on LUCERNE AVENUE.