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
8 LITTLE LANE is a very small extended detached house of 91m², built sometime before 1900. It was last sold for £380,000 in August 2017, which was around 27% below the average August 2017 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 LITTLE LANE since 1st 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 8 LITTLE 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 |
---|---|---|---|
2017 11 AUG | £380,000 | £518,614 | 27% below HPI |
2004 1 DEC | £235,000 | £294,081 | 20% 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 two 8 LITTLE LANE sales from December 2004 and August 2017 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 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
8 LITTLE LANE is 91m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 8 LITTLE LANE lies on this distribution: 15% of detached houses are smaller than 8 LITTLE LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Melbourn.
8 LITTLE LANE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 8 LITTLE 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 8 LITTLE 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.
8 LITTLE LANE is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 8 on LITTLE LANE.