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
32 COLES LANE is a small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £442,500 in June 2021, which was around 17% below the average June 2021 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 32 COLES LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the five 32 COLES 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 |
---|---|---|---|
2021 30 JUN | £442,500 | £531,990 | 17% below HPI |
2007 23 NOV | £275,000 | £349,719 | 21% below HPI |
2006 21 JUN | £239,950 | £311,122 | 23% below HPI |
2000 20 OCT | £148,500 | £189,789 | 22% below HPI |
1997 18 FEB | £90,000 | £114,678 | 22% 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 five 32 COLES LANE sales between February 1997 and June 2021 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 November 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
32 COLES LANE is 86m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% of detached houses in Oakington, based on EPC data. The below chart shows the distribution of detached houses by size in Oakington, and where 32 COLES LANE lies on this distribution: 23% of detached houses are smaller than 32 COLES LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Oakington.
32 COLES LANE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 32 COLES 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 32 COLES 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.
32 COLES LANE is located in OAKINGTON, in the CB24 postcode district. The below map shows the position of No. 32 on COLES LANE.