345, MILTON ROAD, CAMBRIDGE, CB4 1XL - £420,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

345 MILTON ROAD is a small extended semi-detached house of 103m², built sometime between 1930 and 1949. It was last sold for £420,000 in May 2022, which was around 56% below the average May 2022 detached price in the Cambridge local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

345 MILTON ROAD Sold Prices

Land registry data shows four sales for 345 MILTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. All of the four 345 MILTON ROAD 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
2022 3 MAY	£420,000	£945,764	56% below HPI
2012 31 MAY	£340,000	£558,899	39% below HPI
2007 7 AUG	£292,000	£503,738	42% below HPI
2001 4 DEC	£190,000	£317,344	40% below HPI

345 MILTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The four 345 MILTON ROAD sales between December 2001 and May 2022 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 2012 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2022 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 345 MILTON ROAD?

345 MILTON ROAD is 103m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 345 MILTON ROAD lies on this distribution: 27% of detached houses are smaller than 345 MILTON ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

345 MILTON ROAD: Plot and Title Map

345 MILTON ROAD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 345 MILTON ROAD, 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 345 MILTON ROAD). 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 345 MILTON ROAD?

345 MILTON ROAD is located in CAMBRIDGE, in the CB4 postcode district. The below map shows the position of No. 345 on MILTON ROAD.