88, SCHOOL LANE, LOWER CAMBOURNE, CAMBRIDGE, CB23 5DJ - £257,500

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 SCHOOL LANE is a very small detached house of 55m², built sometime between 2003 and 2006. It was last sold for £257,500 in August 2024, which was around 58% below the average August 2024 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

88 SCHOOL LANE Sold Prices

Land registry data shows three sales for 88 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the three 88 SCHOOL 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
2024 9 AUG	£257,500	£611,336	58% below HPI
2003 12 FEB	£135,000	£252,965	47% below HPI
2002 31 MAY	£115,000	£222,294	48% below HPI

88 SCHOOL LANE 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 three 88 SCHOOL LANE sales between May 2002 and August 2024 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 February 2003 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2024 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 88 SCHOOL LANE?

88 SCHOOL LANE is 55m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses in Cambourne, based on EPC data. The below chart shows the distribution of detached houses by size in Cambourne, and where 88 SCHOOL LANE lies on this distribution: 1% of detached houses are smaller than 88 SCHOOL LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Cambourne.

88 SCHOOL LANE: Plot and Title Map

88 SCHOOL LANE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 88 SCHOOL 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 SCHOOL 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.

Where is 88 SCHOOL LANE?

88 SCHOOL LANE is located in LOWER CAMBOURNE, in the CB23 postcode district. The below map shows the position of No. 88 on SCHOOL LANE.