3, SCHOOL LANE, PYMOOR, ELY, CB6 2EU - £225,000

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

3 SCHOOL LANE is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £225,000 in July 2017, which was around 40% below the average July 2017 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

3 SCHOOL LANE Sold Prices

Land registry data shows two sales for 3 SCHOOL 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 East Cambridgeshire local authority area for the corresponding sale date. Both of the two 3 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 27 JUL	£225,000	£373,624	40% below HPI
2007 26 APR	£173,000	£254,204	32% below HPI

3 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The two 3 SCHOOL LANE sales from April 2007 and July 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 April 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 3 SCHOOL LANE?

3 SCHOOL LANE is 69m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in Pymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Pymoor, and where 3 SCHOOL LANE lies on this distribution: Less than 1% of detached houses are smaller than 3 SCHOOL LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Pymoor.

3 SCHOOL LANE: Plot and Title Map

3 SCHOOL LANE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 3 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 3 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.

Where is 3 SCHOOL LANE?

3 SCHOOL LANE is located in PYMOOR, in the CB6 postcode district. The below map shows the position of No. 3 on SCHOOL LANE.