97, WAY LANE, WATERBEACH, CAMBRIDGE, CB25 9NQ - £432,000

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

97 WAY LANE is a very small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £432,000 in March 2022, which was around 23% below the average March 2022 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

97 WAY LANE Sold Prices

Land registry data shows two sales for 97 WAY LANE 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. Both of the two 97 WAY 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
2022 31 MAR	£432,000	£563,420	23% below HPI
1995 5 SEP	£66,000	£110,485	40% below HPI

97 WAY 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 two 97 WAY LANE sales from September 1995 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 September 1995 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 97 WAY LANE?

97 WAY LANE is 89m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses in Waterbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Waterbeach, and where 97 WAY LANE lies on this distribution: 19% of detached houses are smaller than 97 WAY LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Waterbeach.

97 WAY LANE: Plot and Title Map

97 WAY LANE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 97 WAY 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 97 WAY 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 97 WAY LANE?

97 WAY LANE is located in WATERBEACH, in the CB25 postcode district. The below map shows the position of No. 97 on WAY LANE.