74, UNION LANE, CAMBRIDGE, CB4 1QB - £80,000

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

74 UNION LANE is a very small extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £80,000 in August 1996, which was around 49% below the average August 1996 detached price in the Cambridge local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.

74 UNION LANE Sold Prices

Land registry data shows two sales for 74 UNION 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 Cambridge local authority area for the corresponding sale date. Both of the two 74 UNION 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
1996 23 AUG	£80,000	£156,328	49% below HPI
1995 19 SEP	£43,250	£154,691	72% below HPI

74 UNION LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The two 74 UNION LANE sales from September 1995 and August 1996 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 1995 sale was for 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the August 1996 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 74 UNION LANE?

74 UNION LANE is 91m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 74 UNION LANE lies on this distribution: 17% of detached houses are smaller than 74 UNION LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

74 UNION LANE: Plot and Title Map

74 UNION LANE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 74 UNION 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 74 UNION 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 74 UNION LANE?

74 UNION LANE is located in CAMBRIDGE, in the CB4 postcode district. The below map shows the position of No. 74 on UNION LANE.