38, LUCERNE CLOSE, COVENTRY, CV2 1SE - £245,000

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

38 LUCERNE CLOSE is a small extended detached house of 103m², built sometime between 2003 and 2006. It was last sold for £245,000 in October 2017, which was around 26% below the average October 2017 detached price in the Coventry local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

38 LUCERNE CLOSE Sold Prices

Land registry data shows two sales for 38 LUCERNE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Coventry local authority area for the corresponding sale date. Both of the two 38 LUCERNE CLOSE 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
2017 5 OCT	£245,000	£331,533	26% below HPI
2002 26 APR	£117,000	£142,908	18% below HPI

38 LUCERNE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Coventry local authority area over time, sourced from the HPI. The two 38 LUCERNE CLOSE sales from April 2002 and October 2017 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 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 38 LUCERNE CLOSE?

38 LUCERNE CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 40% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where 38 LUCERNE CLOSE lies on this distribution: 39% of detached houses are smaller than 38 LUCERNE CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Coventry.

38 LUCERNE CLOSE: Plot and Title Map

38 LUCERNE CLOSE sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 38 LUCERNE CLOSE, 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 38 LUCERNE CLOSE). 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 38 LUCERNE CLOSE?

38 LUCERNE CLOSE is located in COVENTRY, in the CV2 postcode district. The below map shows the position of No. 38 on LUCERNE CLOSE.