196, LUCERNE CLOSE, CAMBRIDGE, CB1 9SB - £153,350

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.

196 LUCERNE CLOSE is a very small flat of 25m², built sometime between 2003 and 2006, which could now be worth an estimated £149,640. It was last sold for £153,350 in December 2016, which was around 22% below the average December 2016 flat price in the South Cambridgeshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

196 LUCERNE CLOSE Sold Prices

Land registry data shows four sales for 196 LUCERNE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the South Cambridgeshire local authority area for the corresponding sale date. All of the four 196 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
2016 2 DEC	£153,350	£196,706	22% below HPI
2002 9 OCT	£89,225	£110,785	19% below HPI
2001 16 MAY	£59,000	£81,399	28% below HPI
1999 31 AUG	£44,000	£63,236	30% below HPI

What might 196 LUCERNE CLOSE be worth now?

196 LUCERNE CLOSE might now be worth an estimated £149,640.

This is based on house price deflation of 2.4%, between December 2016 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 2.4% deflationary decrease is applied to the most recent sale price for 196 LUCERNE CLOSE of £153,350 on 2nd December 2016. For the value to have decreased from £153,350 to £149,640 over the ten years and seven months to May 2026, the following assumptions must hold true:

• The value of 196 LUCERNE CLOSE has moved in line with the HPI for flats in the South Cambridgeshire local authority area.
• The December 2016 sale price of £153,350 represented a fair market value for the property.
• The size, condition, and specification of 196 LUCERNE CLOSE has not materially changed since December 2016.

How Large is 196 LUCERNE CLOSE?

196 LUCERNE CLOSE is 25m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of flats in Cambridge, based on EPC data. 2% of flats are smaller than 196 LUCERNE CLOSE, and 97% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

196 LUCERNE CLOSE: Plot

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

Where is 196 LUCERNE CLOSE?

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