148, LUCERNE CLOSE, CAMBRIDGE, CB1 9SA - £295,000

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.

148 LUCERNE CLOSE is a very small terraced house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £323,790. It was last sold for £295,000 in May 2017, which was around 33% below the average May 2017 terraced price in the Cambridge local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

148 LUCERNE CLOSE Sold Prices

Land registry data shows one sale for 148 LUCERNE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Cambridge local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 26 MAY	£295,000	£441,039	33% below HPI

What might 148 LUCERNE CLOSE be worth now?

148 LUCERNE CLOSE might now be worth an estimated £323,790.

This is based on house price inflation of 9.8%, between May 2017 and May 2026, 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 9.8% inflationary increase is applied to the most recent sale price for 148 LUCERNE CLOSE of £295,000 on 26th May 2017. For the value to have increased from £295,000 to £323,790 over the nine years to May 2026, the following assumptions must hold true:

• The value of 148 LUCERNE CLOSE has moved in line with the HPI for terraced houses in the Cambridge local authority area.
• The May 2017 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 148 LUCERNE CLOSE has not materially changed since May 2017.

How Large is 148 LUCERNE CLOSE?

148 LUCERNE CLOSE is 53m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of terraced houses in Cambridge, based on EPC data. The below chart shows the distribution of terraced houses by size in Cambridge, and where 148 LUCERNE CLOSE lies on this distribution: 5% of terraced houses are smaller than 148 LUCERNE CLOSE, and 94% of terraced houses are larger. Note that EPC data is not available for all properties in Cambridge.

148 LUCERNE CLOSE: Plot

148 LUCERNE CLOSE sits on a plot of roughly 0.037 of an acre, or 150m².

Where is 148 LUCERNE CLOSE?

148 LUCERNE CLOSE is located in CAMBRIDGE, in the CB1 postcode district.