154, LUCERNE CLOSE, CAMBRIDGE, CB1 9SB - £109,000

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.

154 LUCERNE CLOSE is a very small flat of 25m², built sometime between 1983 and 1990, which could now be worth an estimated £135,716. It was last sold for £109,000 in July 2008, which was around 29% below the average July 2008 flat price in the South Cambridgeshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was C.

154 LUCERNE CLOSE Sold Prices

Land registry data shows five sales for 154 LUCERNE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the South Cambridgeshire local authority area for the corresponding sale date. All of the five 154 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
2008 18 JUL	£109,000	£154,162	29% below HPI
2002 19 JUL	£84,995	£98,849	14% below HPI
2001 26 APR	£54,000	£79,867	32% below HPI
1999 26 JUL	£45,000	£60,812	26% below HPI
1997 23 SEP	£38,000	£52,776	28% below HPI

What might 154 LUCERNE CLOSE be worth now?

154 LUCERNE CLOSE might now be worth an estimated £135,716.

This is based on house price inflation of 24.5%, between July 2008 and May 2026, for flats, 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 24.5% inflationary increase is applied to the most recent sale price for 154 LUCERNE CLOSE of £109,000 on 18th July 2008. For the value to have increased from £109,000 to £135,716 over the eighteen years and two months to May 2026, the following assumptions must hold true:

• The value of 154 LUCERNE CLOSE has moved in line with the HPI for flats in the South Cambridgeshire local authority area.
• The July 2008 sale price of £109,000 represented a fair market value for the property.
• The size, condition, and specification of 154 LUCERNE CLOSE has not materially changed since July 2008.

How Large is 154 LUCERNE CLOSE?

154 LUCERNE CLOSE is 25m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of flats in Cambridge, based on EPC data. 2% of flats are smaller than 154 LUCERNE CLOSE, and 97% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

154 LUCERNE CLOSE: Plot

154 LUCERNE CLOSE sits on a plot of roughly 0.912 of an acre, or 3,692m².

Where is 154 LUCERNE CLOSE?

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