2, WATERGROVE LANE, GREAT CAMBOURNE, CAMBRIDGE, CB23 6GP - £415,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 WATERGROVE LANE is a very small detached house of 104m², built sometime between 2003 and 2006. It was last sold for £415,000 in June 2023, which was around 28% below the average June 2023 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

2 WATERGROVE LANE Sold Prices

Land registry data shows three sales for 2 WATERGROVE 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 2 WATERGROVE 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
2023 23 JUN	£415,000	£577,551	28% below HPI
2016 7 APR	£329,000	£483,503	32% below HPI
2004 28 JUN	£229,995	£286,460	20% below HPI

2 WATERGROVE 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 2 WATERGROVE LANE sales between June 2004 and June 2023 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 April 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 WATERGROVE LANE?

2 WATERGROVE LANE is 104m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Cambourne, based on EPC data. The below chart shows the distribution of detached houses by size in Cambourne, and where 2 WATERGROVE LANE lies on this distribution: 19% of detached houses are smaller than 2 WATERGROVE LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Cambourne.

2 WATERGROVE LANE: Plot and Title Map

2 WATERGROVE LANE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 2 WATERGROVE 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 WATERGROVE 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 WATERGROVE LANE?

2 WATERGROVE LANE is located in GREAT CAMBOURNE, in the CB23 postcode district. The below map shows the position of No. 2 on WATERGROVE LANE.