LUCERNE, THE DOWNS, STEBBING, DUNMOW, CM6 3RF - £575,000

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.

LUCERNE is a very small extended detached house of 95m², built sometime between 1930 and 1949, which could now be worth an estimated £793,371. It was last sold for £575,000 in May 2015, which was around 11% above the average May 2015 detached price in the Uttlesford local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was C.

LUCERNE Sold Prices

Land registry data shows one sale for LUCERNE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Uttlesford 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
2015 13 MAY	£575,000	£519,872	11% above HPI

What might LUCERNE be worth now?

LUCERNE might now be worth an estimated £793,371.

This is based on house price inflation of 38%, between May 2015 and March 2026, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38% inflationary increase is applied to the most recent sale price for LUCERNE of £575,000 on 13th May 2015. For the value to have increased from £575,000 to £793,371 over the eleven years and two months to March 2026, the following assumptions must hold true:

• The value of LUCERNE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The May 2015 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of LUCERNE has not materially changed since May 2015.

How Large is LUCERNE?

LUCERNE is 95m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Stebbing, based on EPC data. The below chart shows the distribution of detached houses by size in Stebbing, and where LUCERNE lies on this distribution: 10% of detached houses are smaller than LUCERNE, and 90% of detached houses are larger. Note that EPC data is not available for all properties in Stebbing.

LUCERNE: Plot

LUCERNE sits on a plot of roughly 3.8 acres, or 15,200m².

Where is LUCERNE?

LUCERNE is located on THE DOWNS in STEBBING, in the CM6 postcode district.