176, LUCERNE CLOSE, CAMBRIDGE, CB1 9SB - £56,500

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.

176 LUCERNE CLOSE is a very small flat of 19m², built sometime between 1991 and 1995, which could now be worth an estimated £140,756. It was last sold for £56,500 in September 2000, which was around 27% below the average September 2000 flat price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was C.

176 LUCERNE CLOSE Sold Prices

Land registry data shows two sales for 176 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 South Cambridgeshire local authority area for the corresponding sale date. Both of the two 176 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
2000 29 SEP	£56,500	£77,048	27% below HPI
1999 21 MAY	£43,500	£58,072	25% below HPI

What might 176 LUCERNE CLOSE be worth now?

176 LUCERNE CLOSE might now be worth an estimated £140,756.

This is based on house price inflation of 149.1%, between September 2000 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 149.1% inflationary increase is applied to the most recent sale price for 176 LUCERNE CLOSE of £56,500 on 29th September 2000. For the value to have increased from £56,500 to £140,756 over the 26 years and four months to May 2026, the following assumptions must hold true:

• The value of 176 LUCERNE CLOSE has moved in line with the HPI for flats in the South Cambridgeshire local authority area.
• The September 2000 sale price of £56,500 represented a fair market value for the property.
• The size, condition, and specification of 176 LUCERNE CLOSE has not materially changed since September 2000.

How Large is 176 LUCERNE CLOSE?

176 LUCERNE CLOSE is 19m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of flats in Cambridge, based on EPC data. Less than 1% of flats are smaller than 176 LUCERNE CLOSE, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

176 LUCERNE CLOSE: Plot

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

Where is 176 LUCERNE CLOSE?

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