15, LUCERNE CLOSE, CAMBRIDGE, CB1 9YR - £316,500

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.

15 LUCERNE CLOSE is a very small extended terraced house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £373,530. It was last sold for £316,500 in July 2020, which was around 15% above the average July 2020 terraced price in the South Cambridgeshire local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

15 LUCERNE CLOSE Sold Prices

Land registry data shows three sales for 15 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 South Cambridgeshire local authority area for the corresponding sale date. Two of the three 15 LUCERNE CLOSE sales were for above the average price, whilst one was 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
2020 17 JUL	£316,500	£274,685	15% above HPI
2004 9 NOV	£59,482	£165,426	64% below HPI
2003 3 JUL	£162,000	£138,545	17% above HPI

15 LUCERNE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The three 15 LUCERNE CLOSE sales between July 2003 and July 2020 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 November 2004 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the July 2020 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 15 LUCERNE CLOSE be worth now?

15 LUCERNE CLOSE might now be worth an estimated £373,530.

This is based on house price inflation of 18%, between July 2020 and April 2026, for terraced houses, in the South Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for 15 LUCERNE CLOSE of £316,500 on 17th July 2020. For the value to have increased from £316,500 to £373,530 over the six years and three months to April 2026, the following assumptions must hold true:

• The value of 15 LUCERNE CLOSE has moved in line with the HPI for terraced houses in the South Cambridgeshire local authority area.
• The July 2020 sale price of £316,500 represented a fair market value for the property.
• The size, condition, and specification of 15 LUCERNE CLOSE has not materially changed since July 2020.

How Large is 15 LUCERNE CLOSE?

15 LUCERNE CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in November 2010. 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 15 LUCERNE CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 15 LUCERNE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

15 LUCERNE CLOSE: Plot and Title Map

15 LUCERNE CLOSE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 15 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 15 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 15 LUCERNE CLOSE?

15 LUCERNE CLOSE is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 15 on LUCERNE CLOSE.