38, THE ORCHARDS, CAMBRIDGE, CB1 9HD - £697,500

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 THE ORCHARDS is a small detached house of 116m², built sometime between 2003 and 2006. It was last sold for £697,500 in March 2022, which was around 27% below the average March 2022 detached price in the Cambridge local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

38 THE ORCHARDS Sold Prices

Land registry data shows three sales for 38 THE ORCHARDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. All of the three 38 THE ORCHARDS 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 24 MAR	£697,500	£957,470	27% below HPI
2010 5 MAY	£345,000	£503,884	32% below HPI
2005 5 OCT	£314,950	£412,182	24% below HPI

38 THE ORCHARDS 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 three 38 THE ORCHARDS sales between October 2005 and March 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 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 38 THE ORCHARDS?

38 THE ORCHARDS is 116m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 38 THE ORCHARDS lies on this distribution: 39% of detached houses are smaller than 38 THE ORCHARDS, and 60% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

38 THE ORCHARDS: Plot and Title Map

38 THE ORCHARDS sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 38 THE ORCHARDS, 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 THE ORCHARDS). 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 THE ORCHARDS?

38 THE ORCHARDS is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 38 on THE ORCHARDS.