38, SCHOOL LANE, TOFT, CAMBRIDGE, CB23 2RE - £562,000

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

38 SCHOOL LANE is a large extended detached house of 179m², built sometime between 1950 and 1966. It was last sold for £562,000 in November 2018, which was around 5% above the average November 2018 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

38 SCHOOL LANE Sold Prices

Land registry data shows three sales for 38 SCHOOL 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 38 SCHOOL 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
2018 9 NOV	£562,000	£533,912	5% above HPI
2005 9 SEP	£315,000	£291,973	8% above HPI
1997 14 MAR	£133,500	£115,905	15% above HPI

38 SCHOOL 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 38 SCHOOL LANE sales between March 1997 and November 2018 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 September 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 38 SCHOOL LANE?

38 SCHOOL LANE is 179m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 40% of detached houses in Toft, based on EPC data. The below chart shows the distribution of detached houses by size in Toft, and where 38 SCHOOL LANE lies on this distribution: 66% of detached houses are smaller than 38 SCHOOL LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Toft.

38 SCHOOL LANE: Plot and Title Map

38 SCHOOL LANE sits on a plot of roughly 0.216 of an acre, or 875m². The below map shows the location of 38 SCHOOL 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 38 SCHOOL 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 38 SCHOOL LANE?

38 SCHOOL LANE is located in TOFT, in the CB23 postcode district. The below map shows the position of No. 38 on SCHOOL LANE.