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 WATSONS LANE is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £223,000 in September 2011, which was around 7% below the average September 2011 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 3 WATSONS LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Two of the three 3 WATSONS LANE sales were for below the average price, whilst one was for above 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 |
---|---|---|---|
2011 9 SEP | £223,000 | £240,098 | 7% below HPI |
2010 13 AUG | £234,500 | £247,068 | 5% below HPI |
1999 31 MAR | £113,000 | £101,274 | 12% above HPI |
The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 3 WATSONS LANE sales between March 1999 and September 2011 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 August 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2011 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
3 WATSONS LANE is 116m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses in Little Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Little Thetford, and where 3 WATSONS LANE lies on this distribution: 50% of detached houses are smaller than 3 WATSONS LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Little Thetford.
3 WATSONS LANE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 3 WATSONS 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 WATSONS 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.
3 WATSONS LANE is located in LITTLE THETFORD, in the CB6 postcode district. The below map shows the position of No. 3 on WATSONS LANE.