22, MONKFIELD LANE, GREAT CAMBOURNE, CAMBRIDGE, CB23 6AJ - £437,500

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.

22 MONKFIELD LANE is a midsized detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £501,710. It was last sold for £437,500 in December 2019, which was around 21% below the average December 2019 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

22 MONKFIELD LANE Sold Prices

Land registry data shows two sales for 22 MONKFIELD 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. One of the two 22 MONKFIELD LANE sales was for below the average price, whilst the other was for above 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 19 DEC	£437,500	£553,313	21% below HPI
2000 12 DEC	£235,950	£196,915	20% above HPI

22 MONKFIELD 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 22 MONKFIELD LANE sales from December 2000 and December 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 December 2000 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 22 MONKFIELD LANE be worth now?

22 MONKFIELD LANE might now be worth an estimated £501,710.

This is based on house price inflation of 14.7%, between December 2019 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 14.7% inflationary increase is applied to the most recent sale price for 22 MONKFIELD LANE of £437,500 on 19th December 2019. For the value to have increased from £437,500 to £501,710 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 22 MONKFIELD LANE has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The December 2019 sale price of £437,500 represented a fair market value for the property.
• The size, condition, and specification of 22 MONKFIELD LANE has not materially changed since December 2019.

How Large is 22 MONKFIELD LANE?

22 MONKFIELD LANE is 128m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of detached houses houses in Cambourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cambourne, and where 22 MONKFIELD LANE lies on this distribution: 47% of detached houses houses are smaller than 22 MONKFIELD LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Cambourne.

22 MONKFIELD LANE: Plot and Title Map

22 MONKFIELD LANE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 22 MONKFIELD 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 22 MONKFIELD 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 22 MONKFIELD LANE?

22 MONKFIELD LANE is located in GREAT CAMBOURNE, in the CB23 postcode district. The below map shows the position of No. 22 on MONKFIELD LANE.