46, LUCERNE AVENUE, BICESTER, OX26 3EL - £375,000

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

46 LUCERNE AVENUE is a very small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £375,000 in December 2021, which was around 28% below the average December 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

46 LUCERNE AVENUE Sold Prices

Land registry data shows three sales for 46 LUCERNE AVENUE since 1^st 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. All of the three 46 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 14 DEC	£375,000	£518,248	28% below HPI
2010 21 JUN	£206,716	£347,946	41% below HPI
2001 31 MAY	£154,950	£204,799	24% below HPI

46 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 three 46 LUCERNE AVENUE sales between May 2001 and December 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 June 2010 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 46 LUCERNE AVENUE?

46 LUCERNE AVENUE is 89m² according to the EPC inspection conducted in September 2021. 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 46 LUCERNE AVENUE lies on this distribution: 19% of detached houses are smaller than 46 LUCERNE AVENUE, and 79% of houses are larger. Note that EPC data is not available for all properties in Bicester.

46 LUCERNE AVENUE: Plot and Title Map

46 LUCERNE AVENUE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 46 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 46 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 46 LUCERNE AVENUE?

46 LUCERNE AVENUE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 46 on LUCERNE AVENUE.