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 LOFTSTEADS is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £274,000 in July 2020, which was around 32% below the average July 2020 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 LOFTSTEADS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Huntingdonshire local authority area for the corresponding sale date. All of the three 8 LOFTSTEADS 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 28 JUL | £274,000 | £400,445 | 32% below HPI |
2007 1 JUN | £188,000 | £267,839 | 30% below HPI |
2001 9 MAR | £97,500 | £142,218 | 31% below HPI |
The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The three 8 LOFTSTEADS sales between March 2001 and July 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 June 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
8 LOFTSTEADS is 92m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses in Somersham, based on EPC data. The below chart shows the distribution of detached houses by size in Somersham, and where 8 LOFTSTEADS lies on this distribution: 25% of detached houses are smaller than 8 LOFTSTEADS, and 73% of houses are larger. Note that EPC data is not available for all properties in Somersham.
8 LOFTSTEADS sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 8 LOFTSTEADS, 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 LOFTSTEADS). 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 LOFTSTEADS is located in SOMERSHAM, in the PE28 postcode district. The below map shows the position of No. 8 on LOFTSTEADS.