166, LUCERNE CLOSE, CAMBRIDGE, CB1 9SB - £155,000

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.

166 LUCERNE CLOSE is a very small flat of 26m², built sometime between 1991 and 1995, which could now be worth an estimated £147,983. It was last sold for £155,000 in April 2017, which was around 23% below the average April 2017 flat price in the South Cambridgeshire local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

166 LUCERNE CLOSE Sold Prices

Land registry data shows three sales for 166 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 166 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
2017 27 APR	£155,000	£201,048	23% below HPI
2012 7 SEP	£95,000	£144,801	34% below HPI
1995 10 APR	£33,100	£47,633	31% below HPI

What might 166 LUCERNE CLOSE be worth now?

166 LUCERNE CLOSE might now be worth an estimated £147,983.

This is based on house price deflation of 4.5%, between April 2017 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 4.5% deflationary decrease is applied to the most recent sale price for 166 LUCERNE CLOSE of £155,000 on 27th April 2017. For the value to have decreased from £155,000 to £147,983 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 166 LUCERNE CLOSE has moved in line with the HPI for flats in the South Cambridgeshire local authority area.
• The April 2017 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 166 LUCERNE CLOSE has not materially changed since April 2017.

How Large is 166 LUCERNE CLOSE?

166 LUCERNE CLOSE is 26m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of flats in Cambridge, based on EPC data. 3% of flats are smaller than 166 LUCERNE CLOSE, and 97% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

166 LUCERNE CLOSE: Plot

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

Where is 166 LUCERNE CLOSE?

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