46, LUCERNE CLOSE, CAMBRIDGE, CB1 9SA - £420,000

46 LUCERNE CLOSE is a very small extended detached house of 82m², built sometime between 1991 and 1995. It was last sold for £420,000 in November 2018, which was around 52% below the average November 2018 detached price in the Cambridge local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

46 LUCERNE CLOSE Sold Prices

Land registry data shows three sales for 46 LUCERNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. All of the three 46 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
2018 23 NOV	£420,000	£875,168	52% below HPI
2010 22 DEC	£232,500	£523,136	56% below HPI
2001 17 JUL	£135,000	£301,936	55% below HPI

46 LUCERNE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The three 46 LUCERNE CLOSE sales between July 2001 and November 2018 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 December 2010 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the November 2018 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 46 LUCERNE CLOSE?

46 LUCERNE CLOSE is 82m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 46 LUCERNE CLOSE lies on this distribution: 10% of detached houses are smaller than 46 LUCERNE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

46 LUCERNE CLOSE: Plot and Title Map

46 LUCERNE CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 46 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 46 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 46 LUCERNE CLOSE?

46 LUCERNE CLOSE is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 46 on LUCERNE CLOSE.