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
2A SCHOOL LANE is a very small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £386,000 in December 2017, which was around 26% below the average December 2017 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2A SCHOOL LANE since 1st 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 SCHOOL 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 |
---|---|---|---|
2017 20 DEC | £386,000 | £525,023 | 26% below HPI |
2016 20 JUN | £390,000 | £479,229 | 19% below HPI |
1995 30 JAN | £67,000 | £104,486 | 36% below HPI |
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 SCHOOL LANE sales between January 1995 and December 2017 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 June 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
2A SCHOOL LANE is 94m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Swavesey, based on EPC data. The below chart shows the distribution of detached houses by size in Swavesey, and where 2A SCHOOL LANE lies on this distribution: 16% of detached houses are smaller than 2A SCHOOL LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Swavesey.
2A SCHOOL LANE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 2A SCHOOL 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 2A SCHOOL 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.
2A SCHOOL LANE is located in SWAVESEY, in the CB24 postcode district. The below map shows the position of No. 2A on SCHOOL LANE.