41, MILL LANE, SAWSTON, CAMBRIDGE, CB22 3HY - £395,000

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

41 MILL LANE is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £395,000 in March 2016, which was around 18% below the average March 2016 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

41 MILL LANE Sold Prices

Land registry data shows two sales for 41 MILL LANE 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 41 MILL 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
2016 31 MAR	£395,000	£479,945	18% below HPI
2010 3 DEC	£220,000	£335,833	34% below HPI

41 MILL 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 two 41 MILL LANE sales from December 2010 and March 2016 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 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 41 MILL LANE?

41 MILL LANE is 84m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in Sawston, based on EPC data. The below chart shows the distribution of detached houses by size in Sawston, and where 41 MILL LANE lies on this distribution: 12% of detached houses are smaller than 41 MILL LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Sawston.

41 MILL LANE: Plot and Title Map

41 MILL LANE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 41 MILL 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 41 MILL 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 41 MILL LANE?

41 MILL LANE is located in SAWSTON, in the CB22 postcode district. The below map shows the position of No. 41 on MILL LANE.