13, LAKEWAY, SOMERSHAM, HUNTINGDON, PE28 3JN - £265,000

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.

13 LAKEWAY is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £303,606. It was last sold for £265,000 in December 2020, which was around 36% below the average December 2020 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

13 LAKEWAY Sold Prices

Land registry data shows two sales for 13 LAKEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Huntingdonshire local authority area for the corresponding sale date. Both of the two 13 LAKEWAY 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
2020 10 DEC	£265,000	£414,477	36% below HPI
2011 3 JUN	£150,000	£261,521	43% below HPI

13 LAKEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The two 13 LAKEWAY sales from June 2011 and December 2020 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 June 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 13 LAKEWAY be worth now?

13 LAKEWAY might now be worth an estimated £303,606.

This is based on house price inflation of 14.6%, between December 2020 and February 2025, for detached houses, in the Huntingdonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.6% inflationary increase is applied to the most recent sale price for 13 LAKEWAY of £265,000 on 10th December 2020. For the value to have increased from £265,000 to £303,606 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 13 LAKEWAY has moved in line with the HPI for detached houses in the Huntingdonshire local authority area.
• The December 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 13 LAKEWAY has not materially changed since December 2020.

How Large is 13 LAKEWAY?

13 LAKEWAY is 77m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses houses in Somersham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Somersham, and where 13 LAKEWAY lies on this distribution: 14% of detached houses houses are smaller than 13 LAKEWAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Somersham.

13 LAKEWAY: Plot and Title Map

13 LAKEWAY sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 13 LAKEWAY, 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 13 LAKEWAY). 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 13 LAKEWAY?

13 LAKEWAY is located in SOMERSHAM, in the PE28 postcode district. The below map shows the position of No. 13 on LAKEWAY.