23, THE ORCHARDS, CAMBRIDGE, CB1 9HD - £595,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 THE ORCHARDS is a small detached house of 108m², built sometime between 2003 and 2006. It was last sold for £595,000 in June 2021, which was around 30% below the average June 2021 detached price in the Cambridge local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

23 THE ORCHARDS Sold Prices

Land registry data shows three sales for 23 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 23 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
2021 8 JUN	£595,000	£849,741	30% below HPI
2010 26 MAR	£310,000	£499,002	38% below HPI
2005 30 JUN	£298,000	£393,054	24% below HPI

23 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 23 THE ORCHARDS sales between June 2005 and June 2021 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 March 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 23 THE ORCHARDS?

23 THE ORCHARDS is 108m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 23 THE ORCHARDS lies on this distribution: 32% of detached houses are smaller than 23 THE ORCHARDS, and 68% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

23 THE ORCHARDS: Plot and Title Map

23 THE ORCHARDS sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 23 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 23 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 23 THE ORCHARDS?

23 THE ORCHARDS is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 23 on THE ORCHARDS.