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
8 LUCERNE ROAD is a very large detached house of 298m², built sometime between 2007 and 2011. It was last sold for £2,250,000 in September 2022, which was around 141% above the average September 2022 detached price in the Oxford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 8 LUCERNE ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Oxford local authority area for the corresponding sale date. Both of the two 8 LUCERNE ROAD sales 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 |
---|---|---|---|
2022 2 SEP | £2,250,000 | £933,832 | 141% above HPI |
2012 22 JUN | £1,680,000 | £562,289 | 199% above HPI |
The below graph shows the average detached house price in the Oxford local authority area over time, sourced from the HPI. The two 8 LUCERNE ROAD sales from June 2012 and September 2022 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 2012 sale was for 199% above the HPI. So the extrapolation line tracks at 199% above the HPI over time, until the September 2022 sale, where it falls to 141% above the HPI. The line then continues to track at 141% above the HPI.
8 LUCERNE ROAD is 298m² according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Oxford, based on EPC data. The below chart shows the distribution of detached houses by size in Oxford, and where 8 LUCERNE ROAD lies on this distribution: 94% of detached houses are smaller than 8 LUCERNE ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Oxford.
8 LUCERNE ROAD sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of 8 LUCERNE ROAD, 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 8 LUCERNE ROAD). 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.
8 LUCERNE ROAD is located in OXFORD, in the OX2 postcode district. The below map shows the position of No. 8 on LUCERNE ROAD.