4, LUCERNE CLOSE, NOTTINGHAM, NG11 7BB - £101,000

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.

4 LUCERNE CLOSE is a large flat of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £155,097. It was last sold for £101,000 in August 2014, which was around 25% above the average August 2014 flat price in the City of Nottingham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was C.

4 LUCERNE CLOSE Sold Prices

Land registry data shows three sales for 4 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 City of Nottingham local authority area for the corresponding sale date. All of the three 4 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
2014 20 AUG	£101,000	£81,095	25% above HPI
2009 21 OCT	£113,000	£77,312	46% above HPI
1996 16 SEP	£39,000	£31,924	22% above HPI

What might 4 LUCERNE CLOSE be worth now?

4 LUCERNE CLOSE might now be worth an estimated £155,097.

This is based on house price inflation of 53.6%, between August 2014 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 53.6% inflationary increase is applied to the most recent sale price for 4 LUCERNE CLOSE of £101,000 on 20th August 2014. For the value to have increased from £101,000 to £155,097 over the twelve years and three months to May 2026, the following assumptions must hold true:

• The value of 4 LUCERNE CLOSE has moved in line with the HPI for flats in the City of Nottingham local authority area.
• The August 2014 sale price of £101,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LUCERNE CLOSE has not materially changed since August 2014.

How Large is 4 LUCERNE CLOSE?

4 LUCERNE CLOSE is 62m² according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of flats in Wilford, based on EPC data. 63% of flats are smaller than 4 LUCERNE CLOSE, and 34% of flats are larger. Note that EPC data is not available for all properties in Wilford.

4 LUCERNE CLOSE: Plot

4 LUCERNE CLOSE sits on a plot of roughly 0.278 of an acre, or 1,126m².

Where is 4 LUCERNE CLOSE?

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