5, LUCERNE ROAD, OAKWOOD, DERBY, DE21 2XF - £255,000

5 LUCERNE ROAD is a small extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £255,000 in May 2022, which was around 15% below the average May 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

5 LUCERNE ROAD Sold Prices

Land registry data shows four sales for 5 LUCERNE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 5 LUCERNE ROAD 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
2022 6 MAY	£255,000	£298,251	15% below HPI
2011 19 DEC	£172,000	£183,603	6% below HPI
2008 13 JUN	£185,000	£203,454	9% below HPI
2002 22 MAR	£94,950	£101,238	6% below HPI

5 LUCERNE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The four 5 LUCERNE ROAD sales between March 2002 and May 2022 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 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 LUCERNE ROAD?

5 LUCERNE ROAD is 93m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 5 LUCERNE ROAD lies on this distribution: 36% of detached houses are smaller than 5 LUCERNE ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 LUCERNE ROAD: Plot and Title Map

5 LUCERNE ROAD sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 5 LUCERNE ROAD, 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 5 LUCERNE ROAD). 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 5 LUCERNE ROAD?

5 LUCERNE ROAD is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 5 on LUCERNE ROAD.