29, THE ELMS, MILTON, CAMBRIDGE, CB24 6ZQ - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

29 THE ELMS is a very small detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £380,224. It was last sold for £375,000 in November 2024, which was around 42% below the average November 2024 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

29 THE ELMS Sold Prices

Land registry data shows three sales for 29 THE ELMS 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 29 THE ELMS 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 1 NOV	£375,000	£642,693	42% below HPI
1999 23 JUL	£83,000	£159,478	48% below HPI
1996 29 OCT	£62,000	£116,689	47% below HPI

29 THE ELMS 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 29 THE ELMS sales between October 1996 and November 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 July 1999 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2024 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 29 THE ELMS be worth now?

29 THE ELMS might now be worth an estimated £380,224.

This is based on house price inflation of 1.4%, between November 2024 and December 2024, 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 1.4% inflationary increase is applied to the most recent sale price for 29 THE ELMS of £375,000 on 1st November 2024. For the value to have increased from £375,000 to £380,224 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 29 THE ELMS has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The November 2024 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 29 THE ELMS has not materially changed since November 2024.

How Large is 29 THE ELMS?

29 THE ELMS is 68m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses houses in Milton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton, and where 29 THE ELMS lies on this distribution: 7% of detached houses houses are smaller than 29 THE ELMS, and 93% of houses are larger. Note that EPC data is not available for all properties in Milton.

29 THE ELMS: Plot and Title Map

29 THE ELMS sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 29 THE ELMS, 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 29 THE ELMS). 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 29 THE ELMS?

29 THE ELMS is located in MILTON, in the CB24 postcode district. The below map shows the position of No. 29 on THE ELMS.