37, SPRING LANE, BASSINGBOURN, ROYSTON, SG8 5HT - £830,000

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

37 SPRING LANE is a large extended detached house of 175m², built sometime between 1967 and 1975. It was last sold for £830,000 in September 2023, which was around 39% above the average September 2023 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

37 SPRING LANE Sold Prices

Land registry data shows five sales for 37 SPRING LANE since 1^st 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 37 SPRING LANE sales were 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
2023 7 SEP	£830,000	£597,448	39% above HPI
2017 6 DEC	£650,000	£525,023	24% above HPI
2013 4 APR	£465,000	£353,949	31% above HPI
2004 25 MAY	£378,000	£283,545	33% above HPI
2001 9 MAY	£280,000	£199,210	41% above HPI

37 SPRING 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 five 37 SPRING LANE sales between May 2001 and September 2023 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 December 2017 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2023 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 37 SPRING LANE?

37 SPRING LANE is 175m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses in Bassingbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Bassingbourn, and where 37 SPRING LANE lies on this distribution: 78% of detached houses are smaller than 37 SPRING LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Bassingbourn.

37 SPRING LANE: Plot and Title Map

37 SPRING LANE sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 37 SPRING 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 37 SPRING 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 37 SPRING LANE?

37 SPRING LANE is located in BASSINGBOURN, in the SG8 postcode district. The below map shows the position of No. 37 on SPRING LANE.