28, MONKFIELD LANE, GREAT CAMBOURNE, CAMBRIDGE, CB23 6AJ - £245,000

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

28 MONKFIELD LANE is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £245,000 in December 2006, which was around 26% below the average December 2006 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

28 MONKFIELD LANE Sold Prices

Land registry data shows two sales for 28 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. Both of the two 28 MONKFIELD 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
2006 21 DEC	£245,000	£329,546	26% below HPI
1999 27 OCT	£126,950	£160,987	21% below HPI

28 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 28 MONKFIELD LANE sales from October 1999 and December 2006 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 October 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2006 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 28 MONKFIELD LANE?

28 MONKFIELD LANE is 86m² according to the EPC inspection conducted in October 2021. 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 28 MONKFIELD LANE lies on this distribution: 10% of detached houses are smaller than 28 MONKFIELD LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Cambourne.

28 MONKFIELD LANE: Plot and Title Map

28 MONKFIELD LANE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 28 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 28 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 28 MONKFIELD LANE?

28 MONKFIELD LANE is located in GREAT CAMBOURNE, in the CB23 postcode district. The below map shows the position of No. 28 on MONKFIELD LANE.