2, THE ORCHARDS, CAMBRIDGE, CB1 9HD - £615,000

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 THE ORCHARDS is a large detached house of 161m², built sometime between 1983 and 1990, which could now be worth an estimated £705,486. It was last sold for £615,000 in February 2019, which was around 31% below the average February 2019 detached price in the Cambridge local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

2 THE ORCHARDS Sold Prices

Land registry data shows three sales for 2 THE ORCHARDS 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 THE ORCHARDS 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
2019 26 FEB	£615,000	£894,387	31% below HPI
2015 6 JUL	£575,000	£822,406	30% below HPI
2004 27 AUG	£263,600	£421,675	37% below HPI

2 THE ORCHARDS 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 THE ORCHARDS sales between August 2004 and February 2019 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 July 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 THE ORCHARDS be worth now?

2 THE ORCHARDS might now be worth an estimated £705,486.

This is based on house price inflation of 14.7%, between February 2019 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 14.7% inflationary increase is applied to the most recent sale price for 2 THE ORCHARDS of £615,000 on 26th February 2019. For the value to have increased from £615,000 to £705,486 over the six years to February 2025, the following assumptions must hold true:

• The value of 2 THE ORCHARDS has moved in line with the HPI for detached houses in the Cambridge local authority area.
• The February 2019 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE ORCHARDS has not materially changed since February 2019.

How Large is 2 THE ORCHARDS?

2 THE ORCHARDS is 161m² according to the EPC inspection conducted in August 2018. This puts it in the largest 40% 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 THE ORCHARDS lies on this distribution: 69% of detached houses houses are smaller than 2 THE ORCHARDS, and 31% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

2 THE ORCHARDS: Plot and Title Map

2 THE ORCHARDS sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 2 THE ORCHARDS, 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 THE ORCHARDS). 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 THE ORCHARDS?

2 THE ORCHARDS is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 2 on THE ORCHARDS.