2, LUCERNE CLOSE, NOTTINGHAM, NG11 7BB - £165,000

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.

2 LUCERNE CLOSE is a small extended terraced house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £228,098. It was last sold for £165,000 in March 2020, which was around 33% above the average March 2020 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was November 2019, where the current energy rating was F, and the potential energy rating was C.

2 LUCERNE CLOSE Sold Prices

Land registry data shows two sales for 2 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 City of Nottingham local authority area for the corresponding sale date. Both of the two 2 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
2020 27 MAR	£165,000	£123,845	33% above HPI
2003 3 OCT	£130,000	£74,562	74% above HPI

2 LUCERNE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 2 LUCERNE CLOSE sales from October 2003 and March 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 October 2003 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the March 2020 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 2 LUCERNE CLOSE be worth now?

2 LUCERNE CLOSE might now be worth an estimated £228,098.

This is based on house price inflation of 38.2%, between March 2020 and August 2025, for terraced houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.2% inflationary increase is applied to the most recent sale price for 2 LUCERNE CLOSE of £165,000 on 27th March 2020. For the value to have increased from £165,000 to £228,098 over the four years and seven months to August 2025, the following assumptions must hold true:

• The value of 2 LUCERNE CLOSE has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The March 2020 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LUCERNE CLOSE has not materially changed since March 2020.

How Large is 2 LUCERNE CLOSE?

2 LUCERNE CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% of terraced houses houses in Wilford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wilford, and where 2 LUCERNE CLOSE lies on this distribution: 28% of terraced houses houses are smaller than 2 LUCERNE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Wilford.

2 LUCERNE CLOSE: Plot and Title Map

2 LUCERNE CLOSE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 2 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 2 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 2 LUCERNE CLOSE?

2 LUCERNE CLOSE is located in NOTTINGHAM, in the NG11 postcode district. The below map shows the position of No. 2 on LUCERNE CLOSE.