27, MILLS LANE, LONGSTANTON, CAMBRIDGE, CB24 3DG - £525,000

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

27 MILLS LANE is a large detached house of 160m², built sometime between 1983 and 1990. It was last sold for £525,000 in January 2024, which was around 10% below the average January 2024 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

27 MILLS LANE Sold Prices

Land registry data shows three sales for 27 MILLS 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 27 MILLS 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
2024 12 JAN	£525,000	£581,068	10% below HPI
2013 21 MAY	£350,000	£367,318	5% below HPI
2009 25 JUN	£282,000	£299,244	6% below HPI

27 MILLS 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 27 MILLS LANE sales between June 2009 and January 2024 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 May 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 27 MILLS LANE?

27 MILLS LANE is 160m² according to the EPC inspection conducted in October 2023. This puts it in the largest 40% of detached houses in Longstanton, based on EPC data. The below chart shows the distribution of detached houses by size in Longstanton, and where 27 MILLS LANE lies on this distribution: 69% of detached houses are smaller than 27 MILLS LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Longstanton.

27 MILLS LANE: Plot and Title Map

27 MILLS LANE sits on a plot of roughly 0.187 of an acre, or 758m². The below map shows the location of 27 MILLS 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 27 MILLS 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 27 MILLS LANE?

27 MILLS LANE is located in LONGSTANTON, in the CB24 postcode district. The below map shows the position of No. 27 on MILLS LANE.