156, LUCERNE CLOSE, CAMBRIDGE, CB1 9SB - £195,000

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.

156 LUCERNE CLOSE is a very small flat of 24m², built sometime between 1991 and 1995, which could now be worth an estimated £183,544. It was last sold for £195,000 in January 2024, which was around 4% below the average January 2024 flat price in the South Cambridgeshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

156 LUCERNE CLOSE Sold Prices

Land registry data shows three sales for 156 LUCERNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the South Cambridgeshire local authority area for the corresponding sale date. All of the three 156 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
2024 23 JAN	£195,000	£203,927	4% below HPI
2018 13 SEP	£162,000	£202,007	20% below HPI
2014 8 FEB	£93,000	£151,301	39% below HPI

What might 156 LUCERNE CLOSE be worth now?

156 LUCERNE CLOSE might now be worth an estimated £183,544.

This is based on house price deflation of 5.9%, between January 2024 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 5.9% deflationary decrease is applied to the most recent sale price for 156 LUCERNE CLOSE of £195,000 on 23rd January 2024. For the value to have decreased from £195,000 to £183,544 over the one year and eight months to May 2026, the following assumptions must hold true:

• The value of 156 LUCERNE CLOSE has moved in line with the HPI for flats in the South Cambridgeshire local authority area.
• The January 2024 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 156 LUCERNE CLOSE has not materially changed since January 2024.

How Large is 156 LUCERNE CLOSE?

156 LUCERNE CLOSE is 24m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of flats in Cambridge, based on EPC data. 1% of flats are smaller than 156 LUCERNE CLOSE, and 98% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

156 LUCERNE CLOSE: Plot

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

Where is 156 LUCERNE CLOSE?

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