2A, ORCHARD WAY, OAKINGTON, CAMBRIDGE, CB24 3BQ - £300,000

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

2A ORCHARD WAY is a very small detached house of 59m², built sometime between 1991 and 1995. It was last sold for £300,000 in December 2020, which was around 43% below the average December 2020 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

2A ORCHARD WAY Sold Prices

Land registry data shows three sales for 2A ORCHARD WAY 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 2A ORCHARD 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
2020 4 DEC	£300,000	£526,021	43% below HPI
2005 14 JAN	£205,000	£290,015	29% below HPI
1995 27 JAN	£75,000	£104,486	28% below HPI

2A ORCHARD 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 three 2A ORCHARD WAY sales between January 1995 and December 2020 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 January 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2A ORCHARD WAY?

2A ORCHARD WAY is 59m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Oakington, based on EPC data. The below chart shows the distribution of detached houses by size in Oakington, and where 2A ORCHARD WAY lies on this distribution: 6% of detached houses are smaller than 2A ORCHARD WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Oakington.

2A ORCHARD WAY: Plot and Title Map

2A ORCHARD WAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 2A ORCHARD 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 2A ORCHARD 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 2A ORCHARD WAY?

2A ORCHARD WAY is located in OAKINGTON, in the CB24 postcode district. The below map shows the position of No. 2A on ORCHARD WAY.