40, LUCERNE GARDENS, HEDGE END, SOUTHAMPTON, SO30 4SE - £325,000

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

40 LUCERNE GARDENS is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £325,000 in October 2020, which was around 30% below the average October 2020 detached price in the Eastleigh local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

40 LUCERNE GARDENS Sold Prices

Land registry data shows two sales for 40 LUCERNE GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. Both of the two 40 LUCERNE GARDENS 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
2020 22 OCT	£325,000	£461,445	30% below HPI
2011 21 APR	£241,500	£321,703	25% below HPI

40 LUCERNE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The two 40 LUCERNE GARDENS sales from April 2011 and October 2020 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 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 40 LUCERNE GARDENS?

40 LUCERNE GARDENS is 84m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% of detached houses in Hedge End, based on EPC data. The below chart shows the distribution of detached houses by size in Hedge End, and where 40 LUCERNE GARDENS lies on this distribution: 17% of detached houses are smaller than 40 LUCERNE GARDENS, and 83% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

40 LUCERNE GARDENS: Plot and Title Map

40 LUCERNE GARDENS sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 40 LUCERNE GARDENS, 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 40 LUCERNE GARDENS). 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 40 LUCERNE GARDENS?

40 LUCERNE GARDENS is located in HEDGE END, in the SO30 postcode district. The below map shows the position of No. 40 on LUCERNE GARDENS.