14, LUCERNE CLOSE, MIDDLELEAZE, SWINDON, SN5 5GQ - £228,500

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.

14 LUCERNE CLOSE is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £232,968. It was last sold for £228,500 in December 2022, which was about the average December 2022 terraced price in the Swindon local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

14 LUCERNE CLOSE Sold Prices

Land registry data shows seven sales for 14 LUCERNE CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Swindon local authority area for the corresponding sale date. The seven 14 LUCERNE CLOSE sales were a mix of roughly equal to the average price, and 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 16 DEC	£228,500	£227,498	Close to HPI
2021 24 SEP	£175,000	£202,548	14% below HPI
2018 11 MAY	£163,500	£182,043	10% below HPI
2004 30 SEP	£114,500	£119,851	4% below HPI
2000 25 AUG	£74,000	£75,105	1% below HPI
1998 27 FEB	£47,000	£49,946	6% below HPI
1996 20 DEC	£41,000	£44,407	8% below HPI

14 LUCERNE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Swindon local authority area over time, sourced from the HPI. The seven 14 LUCERNE CLOSE sales between December 1996 and December 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 2021 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 14 LUCERNE CLOSE be worth now?

14 LUCERNE CLOSE might now be worth an estimated £232,968.

This is based on house price inflation of 2%, between December 2022 and May 2026, for terraced houses, in the Swindon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% inflationary increase is applied to the most recent sale price for 14 LUCERNE CLOSE of £228,500 on 16th December 2022. For the value to have increased from £228,500 to £232,968 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 14 LUCERNE CLOSE has moved in line with the HPI for terraced houses in the Swindon local authority area.
• The December 2022 sale price of £228,500 represented a fair market value for the property.
• The size, condition, and specification of 14 LUCERNE CLOSE has not materially changed since December 2022.

How Large is 14 LUCERNE CLOSE?

14 LUCERNE CLOSE is 55m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of terraced houses houses in Swindon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Swindon, and where 14 LUCERNE CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 14 LUCERNE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Swindon.

14 LUCERNE CLOSE: Plot and Title Map

14 LUCERNE CLOSE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 14 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 14 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 14 LUCERNE CLOSE?

14 LUCERNE CLOSE is located in MIDDLELEAZE, in the SN5 postcode district. The below map shows the position of No. 14 on LUCERNE CLOSE.