16, LUCERNE CLOSE, MIDDLELEAZE, SWINDON, SN5 5GQ - £247,500

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.

16 LUCERNE CLOSE is a very small terraced house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £313,572. It was last sold for £247,500 in December 2017, which was around 35% above the average December 2017 terraced price in the Swindon local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

16 LUCERNE CLOSE Sold Prices

Land registry data shows two sales for 16 LUCERNE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Swindon local authority area for the corresponding sale date. Both of the two 16 LUCERNE CLOSE sales were for above 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
2017 5 DEC	£247,500	£183,073	35% above HPI
2000 24 NOV	£99,000	£76,041	30% above HPI

16 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 two 16 LUCERNE CLOSE sales from November 2000 and December 2017 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 2000 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2017 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 16 LUCERNE CLOSE be worth now?

16 LUCERNE CLOSE might now be worth an estimated £313,572.

This is based on house price inflation of 26.7%, between December 2017 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 26.7% inflationary increase is applied to the most recent sale price for 16 LUCERNE CLOSE of £247,500 on 5th December 2017. For the value to have increased from £247,500 to £313,572 over the nine years and seven months to May 2026, the following assumptions must hold true:

• The value of 16 LUCERNE CLOSE has moved in line with the HPI for terraced houses in the Swindon local authority area.
• The December 2017 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 16 LUCERNE CLOSE has not materially changed since December 2017.

How Large is 16 LUCERNE CLOSE?

16 LUCERNE CLOSE is 82m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% 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 16 LUCERNE CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 16 LUCERNE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Swindon.

16 LUCERNE CLOSE: Plot and Title Map

16 LUCERNE CLOSE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 16 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 16 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 16 LUCERNE CLOSE?

16 LUCERNE CLOSE is located in MIDDLELEAZE, in the SN5 postcode district. The below map shows the position of No. 16 on LUCERNE CLOSE.