8, NEW ROAD, OVER, CAMBRIDGE, CB24 5PJ - £507,000

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

8 NEW ROAD is a very large detached house of 174m², built sometime between 1991 and 1995. It was last sold for £507,000 in April 2022, which was around 11% below the average April 2022 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was A.

8 NEW ROAD Sold Prices

Land registry data shows two sales for 8 NEW ROAD since 1^st 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. One of the two 8 NEW ROAD sales was for below the average price, whilst the other was 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
2022 13 APR	£507,000	£569,752	11% below HPI
2007 10 APR	£368,000	£329,571	12% above HPI

8 NEW ROAD Price Paid vs. HPI Average

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 NEW ROAD sales from April 2007 and April 2022 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 April 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 8 NEW ROAD?

8 NEW ROAD is 174m² according to the EPC inspection conducted in January 2020. This puts it in the largest 20% of detached houses in Over, based on EPC data. The below chart shows the distribution of detached houses by size in Over, and where 8 NEW ROAD lies on this distribution: 82% of detached houses are smaller than 8 NEW ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Over.

8 NEW ROAD: Plot and Title Map

8 NEW ROAD sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 8 NEW ROAD, 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 NEW ROAD). 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 8 NEW ROAD?

8 NEW ROAD is located in OVER, in the CB24 postcode district. The below map shows the position of No. 8 on NEW ROAD.