40, POUND LANE, SUTTON, ELY, CB6 2PR - £375,000

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

40 POUND LANE is a midsized extended semi-detached house of 124m², built sometime before 1900. It was last sold for £375,000 in September 2022, which was around 17% below the average September 2022 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

40 POUND LANE Sold Prices

Land registry data shows four sales for 40 POUND LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 40 POUND LANE 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 20 SEP	£375,000	£449,404	17% below HPI
2014 14 AUG	£230,000	£290,683	21% below HPI
2000 24 NOV	£114,650	£131,873	13% below HPI
1999 28 JUL	£86,500	£106,306	19% below HPI

40 POUND LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The four 40 POUND LANE sales between July 1999 and September 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 August 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 40 POUND LANE?

40 POUND LANE is 124m², which includes three extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses in Sutton, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton, and where 40 POUND LANE lies on this distribution: 54% of detached houses are smaller than 40 POUND LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Sutton.

40 POUND LANE: Plot and Title Map

40 POUND LANE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 40 POUND 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 40 POUND 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 40 POUND LANE?

40 POUND LANE is located in SUTTON, in the CB6 postcode district. The below map shows the position of No. 40 on POUND LANE.