172, LUCERNE CLOSE, CAMBRIDGE, CB1 9SB - £135,000

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.

172 LUCERNE CLOSE is a very small flat of 24m², built sometime between 1996 and 2002, which could now be worth an estimated £136,769. It was last sold for £135,000 in December 2020, which was around 29% below the average December 2020 flat price in the South Cambridgeshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

172 LUCERNE CLOSE Sold Prices

Land registry data shows two sales for 172 LUCERNE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the South Cambridgeshire local authority area for the corresponding sale date. Both of the two 172 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
2020 2 DEC	£135,000	£189,465	29% below HPI
2004 11 JUN	£107,000	£130,910	18% below HPI

What might 172 LUCERNE CLOSE be worth now?

172 LUCERNE CLOSE might now be worth an estimated £136,769.

This is based on house price inflation of 1.3%, between December 2020 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 1.3% inflationary increase is applied to the most recent sale price for 172 LUCERNE CLOSE of £135,000 on 2nd December 2020. For the value to have increased from £135,000 to £136,769 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 172 LUCERNE CLOSE has moved in line with the HPI for flats in the South Cambridgeshire local authority area.
• The December 2020 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 172 LUCERNE CLOSE has not materially changed since December 2020.

How Large is 172 LUCERNE CLOSE?

172 LUCERNE CLOSE is 24m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of flats in Cambridge, based on EPC data. 1% of flats are smaller than 172 LUCERNE CLOSE, and 98% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

172 LUCERNE CLOSE: Plot

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

Where is 172 LUCERNE CLOSE?

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