2, PARK LANE, HISTON, CAMBRIDGE, CB24 9EH - £273,000

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 PARK LANE is a large extended detached house of 153m², built sometime before 1900, which could now be worth an estimated £475,653. It was last sold for £273,000 in December 2011, which was around 25% below the average December 2011 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

2 PARK LANE Sold Prices

Land registry data shows two sales for 2 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. Both of the two 2 PARK 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
2011 15 DEC	£273,000	£364,181	25% below HPI
2005 9 AUG	£225,000	£306,779	27% below HPI

2 PARK 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 two 2 PARK LANE sales from August 2005 and December 2011 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 August 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2011 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 PARK LANE be worth now?

2 PARK LANE might now be worth an estimated £475,653.

This is based on house price inflation of 74.2%, between December 2011 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 74.2% inflationary increase is applied to the most recent sale price for 2 PARK LANE of £273,000 on 15th December 2011. For the value to have increased from £273,000 to £475,653 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 PARK LANE has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The December 2011 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK LANE has not materially changed since December 2011.

How Large is 2 PARK LANE?

2 PARK LANE is 153m², which includes three extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 30% of detached houses houses in Histon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Histon, and where 2 PARK LANE lies on this distribution: 74% of detached houses houses are smaller than 2 PARK LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Histon.

2 PARK LANE: Plot and Title Map

2 PARK LANE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 2 PARK 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 2 PARK 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 2 PARK LANE?

2 PARK LANE is located in HISTON, in the CB24 postcode district. The below map shows the position of No. 2 on PARK LANE.