3, LUCERNE CLOSE, CAMBRIDGE, CB1 9YR - £68,000

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.

3 LUCERNE CLOSE is a very small terraced house of 40m², built sometime between 1983 and 1990, which could now be worth an estimated £263,880. It was last sold for £68,000 in September 1999, which was around 16% below the average September 1999 terraced price in the South Cambridgeshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was A.

3 LUCERNE CLOSE Sold Prices

Land registry data shows one sale for 3 LUCERNE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the South Cambridgeshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1999 10 SEP	£68,000	£81,241	16% below HPI

What might 3 LUCERNE CLOSE be worth now?

3 LUCERNE CLOSE might now be worth an estimated £263,880.

This is based on house price inflation of 288.1%, between September 1999 and May 2026, for terraced houses, 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 288.1% inflationary increase is applied to the most recent sale price for 3 LUCERNE CLOSE of £68,000 on 10th September 1999. For the value to have increased from £68,000 to £263,880 over the 27 years and four months to May 2026, the following assumptions must hold true:

• The value of 3 LUCERNE CLOSE has moved in line with the HPI for terraced houses in the South Cambridgeshire local authority area.
• The September 1999 sale price of £68,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LUCERNE CLOSE has not materially changed since September 1999.

How Large is 3 LUCERNE CLOSE?

3 LUCERNE CLOSE is 40m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of terraced houses in Cambridge, based on EPC data. The below chart shows the distribution of terraced houses by size in Cambridge, and where 3 LUCERNE CLOSE lies on this distribution: 2% of terraced houses are smaller than 3 LUCERNE CLOSE, and 98% of terraced houses are larger. Note that EPC data is not available for all properties in Cambridge.

3 LUCERNE CLOSE: Plot

3 LUCERNE CLOSE sits on a plot of roughly 0.022 of an acre, or 89m².

Where is 3 LUCERNE CLOSE?

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