31, MONKFIELD LANE, GREAT CAMBOURNE, CAMBRIDGE, CB23 6AH - £250,000

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

31 MONKFIELD LANE is a very small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £250,000 in September 2011, which was around 30% below the average September 2011 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

31 MONKFIELD LANE Sold Prices

Land registry data shows three sales for 31 MONKFIELD LANE 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 31 MONKFIELD 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
2011 23 SEP	£250,000	£358,687	30% below HPI
2008 30 JUN	£249,995	£343,255	27% below HPI
1999 8 OCT	£132,500	£160,987	18% below HPI

31 MONKFIELD 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 three 31 MONKFIELD LANE sales between October 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 June 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2011 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 31 MONKFIELD LANE?

31 MONKFIELD LANE is 95m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Cambourne, based on EPC data. The below chart shows the distribution of detached houses by size in Cambourne, and where 31 MONKFIELD LANE lies on this distribution: 16% of detached houses are smaller than 31 MONKFIELD LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Cambourne.

31 MONKFIELD LANE: Plot and Title Map

31 MONKFIELD LANE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 31 MONKFIELD 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 31 MONKFIELD 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 31 MONKFIELD LANE?

31 MONKFIELD LANE is located in GREAT CAMBOURNE, in the CB23 postcode district. The below map shows the position of No. 31 on MONKFIELD LANE.