3, BROAD LANE, COTTENHAM, CAMBRIDGE, CB24 8AJ - £389,950

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

3 BROAD LANE is a midsized extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £389,950 in July 2013, which was around 5% above the average July 2013 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

3 BROAD LANE Sold Prices

Land registry data shows four sales for 3 BROAD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. Most of the four 3 BROAD 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
2013 19 JUL	£389,950	£370,354	5% above HPI
2006 26 MAY	£218,000	£307,711	29% below HPI
2006 17 MAR	£180,000	£309,397	42% below HPI
2002 25 JAN	£150,000	£217,727	31% below HPI

3 BROAD 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 four 3 BROAD LANE sales between January 2002 and July 2013 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 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2013 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 3 BROAD LANE?

3 BROAD LANE is 131m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 50% of detached houses in Cottenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cottenham, and where 3 BROAD LANE lies on this distribution: 57% of detached houses are smaller than 3 BROAD LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Cottenham.

3 BROAD LANE: Plot and Title Map

3 BROAD LANE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 3 BROAD 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 3 BROAD 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 3 BROAD LANE?

3 BROAD LANE is located in COTTENHAM, in the CB24 postcode district. The below map shows the position of No. 3 on BROAD LANE.