1, THE ORCHARDS, CAMBRIDGE, CB1 9HD - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE ORCHARDS is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £340,000 in August 2012, which was around 40% below the average August 2012 detached price in the Cambridge local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

1 THE ORCHARDS Sold Prices

Land registry data shows two sales for 1 THE ORCHARDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. Both of the two 1 THE ORCHARDS 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
2012 10 AUG	£340,000	£564,989	40% below HPI
2005 27 MAY	£278,000	£400,816	31% below HPI

1 THE ORCHARDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The two 1 THE ORCHARDS sales from May 2005 and August 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2012 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 1 THE ORCHARDS?

1 THE ORCHARDS is 84m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 1 THE ORCHARDS lies on this distribution: 12% of detached houses are smaller than 1 THE ORCHARDS, and 88% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

1 THE ORCHARDS: Plot and Title Map

1 THE ORCHARDS sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 1 THE ORCHARDS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 THE ORCHARDS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 THE ORCHARDS?

1 THE ORCHARDS is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 1 on THE ORCHARDS.