7, OATES LANE, SUTTON, ELY, CB6 2RG - £360,000

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

7 OATES LANE is a large extended detached house of 148m², built sometime between 1930 and 1949. It was last sold for £360,000 in September 2015, which was around 9% above the average September 2015 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

7 OATES LANE Sold Prices

Land registry data shows four sales for 7 OATES 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 7 OATES LANE sales were for above 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
2015 2 SEP	£360,000	£328,785	9% above HPI
2014 20 AUG	£340,000	£290,683	17% above HPI
2007 22 MAY	£300,000	£257,863	16% above HPI
2003 27 MAY	£225,000	£192,237	17% above HPI

7 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 four 7 OATES LANE sales between May 2003 and September 2015 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 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2015 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 7 OATES LANE?

7 OATES LANE is 148m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 30% of detached houses in Sutton, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton, and where 7 OATES LANE lies on this distribution: 73% of detached houses are smaller than 7 OATES LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Sutton.

7 OATES LANE: Plot and Title Map

7 OATES LANE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 7 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 7 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 7 OATES LANE?

7 OATES LANE is located in SUTTON, in the CB6 postcode district. The below map shows the position of No. 7 on OATES LANE.