5, OATES LANE, SUTTON, ELY, CB6 2RG - £278,500

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

5 OATES LANE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £278,500 in January 2020, which was around 27% below the average January 2020 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

5 OATES LANE Sold Prices

Land registry data shows two sales for 5 OATES 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 East Cambridgeshire local authority area for the corresponding sale date. Both of the two 5 OATES 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
2020 31 JAN	£278,500	£380,220	27% below HPI
2018 10 SEP	£231,000	£387,562	40% below HPI

5 OATES 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 two 5 OATES LANE sales from September 2018 and January 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 OATES LANE?

5 OATES LANE is 75m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses in Sutton, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton, and where 5 OATES LANE lies on this distribution: 11% of detached houses are smaller than 5 OATES LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Sutton.

5 OATES LANE: Plot and Title Map

5 OATES LANE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 5 OATES 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 5 OATES 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 5 OATES LANE?

5 OATES LANE is located in SUTTON, in the CB6 postcode district. The below map shows the position of No. 5 on OATES LANE.