87, NEW STREET, CAMBRIDGE, CB1 2QT - £480,000

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

87 NEW STREET is a very small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £480,000 in March 2022, which was around 50% below the average March 2022 detached price in the Cambridge local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

87 NEW STREET Sold Prices

Land registry data shows five sales for 87 NEW STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. All of the five 87 NEW STREET 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
2022 4 MAR	£480,000	£957,470	50% below HPI
2007 14 JUN	£299,995	£492,822	39% below HPI
2000 13 DEC	£150,000	£270,853	45% below HPI
1999 8 OCT	£134,000	£226,272	41% below HPI
1996 4 JUL	£89,500	£150,227	40% below HPI

87 NEW STREET 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 five 87 NEW STREET sales between July 1996 and March 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 June 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2022 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 87 NEW STREET?

87 NEW STREET is 94m² according to the EPC inspection conducted in October 2021. 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 87 NEW STREET lies on this distribution: 19% of detached houses are smaller than 87 NEW STREET, and 80% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

87 NEW STREET: Plot and Title Map

87 NEW STREET sits on a plot of roughly 0.018 of an acre, or 73m². The below map shows the location of 87 NEW STREET, 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 87 NEW STREET). 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 87 NEW STREET?

87 NEW STREET is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 87 on NEW STREET.