38A, THE LANES, OVER, CAMBRIDGE, CB24 5NQ - £405,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38A THE LANES is a midsized detached house of 137m², which could now be worth an estimated £463,415. It was last sold for £405,000 in August 2020, which was around 27% below the average August 2020 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

38A THE LANES Sold Prices

Land registry data shows two sales for 38A THE LANES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. Both of the two 38A THE LANES 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
2020 26 AUG	£405,000	£554,537	27% below HPI
2018 27 SEP	£146,755	£559,621	74% below HPI

38A THE LANES 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 two 38A THE LANES sales from September 2018 and August 2020 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 2018 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the August 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 38A THE LANES be worth now?

38A THE LANES might now be worth an estimated £463,415.

This is based on house price inflation of 14.4%, between August 2020 and February 2025, for detached houses, in the South Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.4% inflationary increase is applied to the most recent sale price for 38A THE LANES of £405,000 on 26th August 2020. For the value to have increased from £405,000 to £463,415 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 38A THE LANES has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The August 2020 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 38A THE LANES has not materially changed since August 2020.

How Large is 38A THE LANES?

38A THE LANES is 137m² according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of detached houses houses in Over, based on EPC data. The below chart shows the distribution of detached houses houses by size in Over, and where 38A THE LANES lies on this distribution: 57% of detached houses houses are smaller than 38A THE LANES, and 43% of houses are larger. Note that EPC data is not available for all properties in Over.

38A THE LANES: Plot and Title Map

38A THE LANES sits on a plot of roughly 0.168 of an acre, or 678m². The below map shows the location of 38A THE LANES, 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 38A THE LANES). 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 38A THE LANES?

38A THE LANES is located in OVER, in the CB24 postcode district. The below map shows the position of No. 38A on THE LANES.