138, LUCERNE CLOSE, CAMBRIDGE, CB1 9SA - £322,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

138 LUCERNE CLOSE is a very small terraced house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £337,992. It was last sold for £322,500 in May 2022, which was around 34% below the average May 2022 terraced price in the Cambridge local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

138 LUCERNE CLOSE Sold Prices

Land registry data shows three sales for 138 LUCERNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cambridge local authority area for the corresponding sale date. All of the three 138 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
2022 3 MAY	£322,500	£488,660	34% below HPI
2004 20 SEP	£165,000	£218,415	24% below HPI
2000 30 JUN	£96,500	£131,669	27% below HPI

138 LUCERNE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cambridge local authority area over time, sourced from the HPI. The three 138 LUCERNE CLOSE sales between June 2000 and May 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 September 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 138 LUCERNE CLOSE be worth now?

138 LUCERNE CLOSE might now be worth an estimated £337,992.

This is based on house price inflation of 4.8%, between May 2022 and October 2025, for terraced houses, in the Cambridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.8% inflationary increase is applied to the most recent sale price for 138 LUCERNE CLOSE of £322,500 on 3rd May 2022. For the value to have increased from £322,500 to £337,992 over the two years and seven months to October 2025, the following assumptions must hold true:

• The value of 138 LUCERNE CLOSE has moved in line with the HPI for terraced houses in the Cambridge local authority area.
• The May 2022 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 138 LUCERNE CLOSE has not materially changed since May 2022.

How Large is 138 LUCERNE CLOSE?

138 LUCERNE CLOSE is 55m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of terraced houses houses in Cambridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cambridge, and where 138 LUCERNE CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 138 LUCERNE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

138 LUCERNE CLOSE: Plot and Title Map

138 LUCERNE CLOSE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 138 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 138 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 138 LUCERNE CLOSE?

138 LUCERNE CLOSE is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 138 on LUCERNE CLOSE.