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

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

24 STERLING WAY is a very small detached house of 81m², built sometime from 2007 onwards. It was last sold for £395,000 in December 2018, which was around 25% 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	£528,519	25% below HPI
2012 22 MAR	£275,000	£343,856	20% 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

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 in Cambourne, based on EPC data. The below chart shows the distribution of detached houses by size in Cambourne, and where 24 STERLING WAY lies on this distribution: 7% of detached 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.