10, LACKS CLOSE, COTTENHAM, CAMBRIDGE, CB24 8TZ - £340,000

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.

10 LACKS CLOSE is a very small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £389,075. It was last sold for £340,000 in May 2021, which was around 39% below the average May 2021 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was D.

10 LACKS CLOSE Sold Prices

Land registry data shows three sales for 10 LACKS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the three 10 LACKS 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
2021 10 MAY	£340,000	£554,487	39% below HPI
2010 20 MAY	£218,500	£352,981	38% below HPI
1996 7 AUG	£79,950	£118,787	33% below HPI

10 LACKS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The three 10 LACKS CLOSE sales between August 1996 and May 2021 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 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 10 LACKS CLOSE be worth now?

10 LACKS CLOSE might now be worth an estimated £389,075.

This is based on house price inflation of 14.4%, between May 2021 and February 2025, for detached 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 14.4% inflationary increase is applied to the most recent sale price for 10 LACKS CLOSE of £340,000 on 10th May 2021. For the value to have increased from £340,000 to £389,075 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 10 LACKS CLOSE has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The May 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LACKS CLOSE has not materially changed since May 2021.

How Large is 10 LACKS CLOSE?

10 LACKS CLOSE is 90m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of detached houses houses in Cottenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottenham, and where 10 LACKS CLOSE lies on this distribution: 12% of detached houses houses are smaller than 10 LACKS CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Cottenham.

10 LACKS CLOSE: Plot and Title Map

10 LACKS CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 10 LACKS CLOSE, 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 10 LACKS CLOSE). 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 10 LACKS CLOSE?

10 LACKS CLOSE is located in COTTENHAM, in the CB24 postcode district. The below map shows the position of No. 10 on LACKS CLOSE.