6, LUCERNE CLOSE, SPALDING, PE11 3GE - £190,000

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

6 LUCERNE CLOSE is a midsized detached house of 118m², built sometime between 1991 and 1995. It was last sold for £190,000 in May 2007, which was around 3% below the average May 2007 detached price in the South Holland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

6 LUCERNE CLOSE Sold Prices

Land registry data shows three sales for 6 LUCERNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. One of the three 6 LUCERNE CLOSE sales was for below the average price, whilst two were 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
2007 31 MAY	£190,000	£195,752	3% below HPI
1999 12 JUL	£85,000	£69,435	22% above HPI
1995 20 DEC	£73,500	£55,699	32% above HPI

6 LUCERNE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three 6 LUCERNE CLOSE sales between December 1995 and May 2007 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 July 1999 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2007 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 6 LUCERNE CLOSE?

6 LUCERNE CLOSE is 118m² according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 6 LUCERNE CLOSE lies on this distribution: 57% of detached houses are smaller than 6 LUCERNE CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Spalding.

6 LUCERNE CLOSE: Plot and Title Map

6 LUCERNE CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 6 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 6 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 6 LUCERNE CLOSE?

6 LUCERNE CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 6 on LUCERNE CLOSE.