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
88 MILL LANE is a very small extended detached house of 91m², built sometime between 1900 and 1929. It was last sold for £392,000 in October 2023, which was around 35% below the average October 2023 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 88 MILL LANE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the six 88 MILL 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 |
---|---|---|---|
2023 31 OCT | £392,000 | £602,195 | 35% below HPI |
2019 7 MAY | £350,000 | £511,619 | 32% below HPI |
2011 19 MAY | £175,500 | £341,979 | 49% below HPI |
2009 22 OCT | £162,500 | £318,165 | 49% below HPI |
2005 15 JUL | £155,500 | £291,697 | 47% below HPI |
2002 30 SEP | £125,000 | £256,016 | 51% 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 six 88 MILL LANE sales between September 2002 and October 2023 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 May 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
88 MILL LANE is 91m², which includes four extensions, according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Sawston, based on EPC data. The below chart shows the distribution of detached houses by size in Sawston, and where 88 MILL LANE lies on this distribution: 17% of detached houses are smaller than 88 MILL LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Sawston.
88 MILL LANE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 88 MILL 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 88 MILL 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.
88 MILL LANE is located in SAWSTON, in the CB22 postcode district. The below map shows the position of No. 88 on MILL LANE.