24, STERLING WAY, UPPER CAMBOURNE, CAMBRIDGE, CB23 6AR - £395,000

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.

24 STERLING WAY is a very small detached house of 81m², built sometime from 2007 onwards, which could now be worth an estimated £451,000. It was last sold for £395,000 in December 2018, which was around 29% below the average December 2018 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

24 STERLING WAY Sold Prices

Land registry data shows two sales for 24 STERLING WAY 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 24 STERLING WAY 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
2018 3 DEC	£395,000	£555,732	29% below HPI
2012 22 MAR	£275,000	£361,560	24% below HPI

24 STERLING WAY 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 24 STERLING WAY sales from March 2012 and December 2018 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 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 24 STERLING WAY be worth now?

24 STERLING WAY might now be worth an estimated £451,000.

This is based on house price inflation of 14.2%, between December 2018 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 14.2% inflationary increase is applied to the most recent sale price for 24 STERLING WAY of £395,000 on 3rd December 2018. For the value to have increased from £395,000 to £451,000 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 24 STERLING WAY has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The December 2018 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 24 STERLING WAY has not materially changed since December 2018.

How Large is 24 STERLING WAY?

24 STERLING WAY is 81m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% 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 24 STERLING WAY lies on this distribution: 7% of detached houses houses are smaller than 24 STERLING WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Cambourne.

24 STERLING WAY: Plot and Title Map

24 STERLING WAY sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 24 STERLING WAY, 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 24 STERLING WAY). 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 24 STERLING WAY?

24 STERLING WAY is located in UPPER CAMBOURNE, in the CB23 postcode district. The below map shows the position of No. 24 on STERLING WAY.