14, LUCERNE CLOSE, NOTTINGHAM, NG11 7BB - £146,600

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.

14 LUCERNE CLOSE is a midsized flat of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £157,738. It was last sold for £146,600 in February 2021, which was around 27% above the average February 2021 flat price in the City of Nottingham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

14 LUCERNE CLOSE Sold Prices

Land registry data shows two sales for 14 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 City of Nottingham local authority area for the corresponding sale date. Both of the two 14 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
2021 18 FEB	£146,600	£115,738	27% above HPI
2009 11 SEP	£89,000	£78,001	14% above HPI

What might 14 LUCERNE CLOSE be worth now?

14 LUCERNE CLOSE might now be worth an estimated £157,738.

This is based on house price inflation of 7.6%, between February 2021 and May 2026, for flats, 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 7.6% inflationary increase is applied to the most recent sale price for 14 LUCERNE CLOSE of £146,600 on 18th February 2021. For the value to have increased from £146,600 to £157,738 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 14 LUCERNE CLOSE has moved in line with the HPI for flats in the City of Nottingham local authority area.
• The February 2021 sale price of £146,600 represented a fair market value for the property.
• The size, condition, and specification of 14 LUCERNE CLOSE has not materially changed since February 2021.

How Large is 14 LUCERNE CLOSE?

14 LUCERNE CLOSE is 59m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of flats in Wilford, based on EPC data. 54% of flats are smaller than 14 LUCERNE CLOSE, and 43% of flats are larger. Note that EPC data is not available for all properties in Wilford.

14 LUCERNE CLOSE: Plot

14 LUCERNE CLOSE sits on a plot of roughly 0.036 of an acre, or 145m².

Where is 14 LUCERNE CLOSE?

14 LUCERNE CLOSE is located in NOTTINGHAM, in the NG11 postcode district.