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
71 SCHOOL LANE is a large detached house of 154m², built sometime between 1996 and 2002. It was last sold for £392,500 in January 2016, which was around 16% below the average January 2016 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 71 SCHOOL LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the three 71 SCHOOL 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 29 JAN | £392,500 | £468,513 | 16% below HPI |
2006 25 MAY | £290,000 | £307,711 | 6% below HPI |
2001 16 NOV | £66,000 | £220,457 | 70% below HPI |
The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The three 71 SCHOOL LANE sales between November 2001 and January 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 May 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
71 SCHOOL LANE is 154m² according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses in Cambourne, based on EPC data. The below chart shows the distribution of detached houses by size in Cambourne, and where 71 SCHOOL LANE lies on this distribution: 69% of detached houses are smaller than 71 SCHOOL LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Cambourne.
71 SCHOOL LANE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 71 SCHOOL 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 71 SCHOOL 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.
71 SCHOOL LANE is located in LOWER CAMBOURNE, in the CB23 postcode district. The below map shows the position of No. 71 on SCHOOL LANE.