2, BANNER ROAD, TRUMPINGTON, CAMBRIDGE, CB2 9AG - £500,000

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.

2 BANNER ROAD is a small detached house of 96m², which could now be worth an estimated £556,171. It was last sold for £500,000 in November 2018, which was around 46% below the average November 2018 detached price in the Cambridge local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

2 BANNER ROAD Sold Prices

Land registry data shows three sales for 2 BANNER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. All of the three 2 BANNER ROAD 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
2018 23 NOV	£500,000	£922,360	46% below HPI
2014 14 NOV	£465,000	£743,752	37% below HPI
2013 28 JUN	£400,000	£642,383	38% below HPI

2 BANNER ROAD 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 three 2 BANNER ROAD sales between June 2013 and November 2018 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 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2018 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 2 BANNER ROAD be worth now?

2 BANNER ROAD might now be worth an estimated £556,171.

This is based on house price inflation of 11.2%, between November 2018 and February 2025, for detached houses, in the Cambridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.2% inflationary increase is applied to the most recent sale price for 2 BANNER ROAD of £500,000 on 23rd November 2018. For the value to have increased from £500,000 to £556,171 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 BANNER ROAD has moved in line with the HPI for detached houses in the Cambridge local authority area.
• The November 2018 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BANNER ROAD has not materially changed since November 2018.

How Large is 2 BANNER ROAD?

2 BANNER ROAD is 96m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cambridge, and where 2 BANNER ROAD lies on this distribution: 21% of detached houses houses are smaller than 2 BANNER ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

2 BANNER ROAD: Plot and Title Map

2 BANNER ROAD sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 2 BANNER ROAD, 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 2 BANNER ROAD). 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 2 BANNER ROAD?

2 BANNER ROAD is located in TRUMPINGTON, in the CB2 postcode district. The below map shows the position of No. 2 on BANNER ROAD.