16, SPRING LANE, BASSINGBOURN, ROYSTON, SG8 5HZ - £280,000

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.

16 SPRING LANE is a small detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £331,936. It was last sold for £280,000 in March 2017, which was around 48% below the average March 2017 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

16 SPRING LANE Sold Prices

Land registry data shows three sales for 16 SPRING LANE 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 16 SPRING LANE 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
2017 17 MAR	£280,000	£535,241	48% below HPI
2002 11 DEC	£129,995	£267,094	51% below HPI
1996 20 DEC	£54,000	£117,142	54% below HPI

16 SPRING LANE 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 16 SPRING LANE sales between December 1996 and March 2017 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 December 2002 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the March 2017 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 16 SPRING LANE be worth now?

16 SPRING LANE might now be worth an estimated £331,936.

This is based on house price inflation of 18.5%, between March 2017 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 18.5% inflationary increase is applied to the most recent sale price for 16 SPRING LANE of £280,000 on 17th March 2017. For the value to have increased from £280,000 to £331,936 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 16 SPRING LANE has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The March 2017 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SPRING LANE has not materially changed since March 2017.

How Large is 16 SPRING LANE?

16 SPRING LANE is 116m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses houses in Bassingbourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bassingbourn, and where 16 SPRING LANE lies on this distribution: 30% of detached houses houses are smaller than 16 SPRING LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bassingbourn.

16 SPRING LANE: Plot and Title Map

16 SPRING LANE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 16 SPRING LANE, 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 16 SPRING LANE). 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 16 SPRING LANE?

16 SPRING LANE is located in BASSINGBOURN, in the SG8 postcode district. The below map shows the position of No. 16 on SPRING LANE.