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
18 POUND LANE is a very small extended detached house of 66m², built sometime between 1900 and 1929. It was last sold for £225,000 in February 2017, which was around 40% below the average February 2017 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 18 POUND LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 18 POUND 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 1 FEB | £225,000 | £372,479 | 40% below HPI |
2006 2 NOV | £145,000 | £238,137 | 39% below HPI |
2001 9 APR | £87,500 | £136,810 | 36% below HPI |
1995 31 JUL | £54,000 | £77,533 | 30% below HPI |
The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The four 18 POUND LANE sales between July 1995 and February 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 November 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
18 POUND LANE is 66m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of detached houses in Sutton, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton, and where 18 POUND LANE lies on this distribution: 5% of detached houses are smaller than 18 POUND LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Sutton.
18 POUND LANE sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 18 POUND 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 18 POUND 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.
18 POUND LANE is located in SUTTON, in the CB6 postcode district. The below map shows the position of No. 18 on POUND LANE.