PEAR TREE COTTAGE, CHAPMANS WAY, OVER, CAMBRIDGE, CB24 5PZ - £400,000

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

PEAR TREE COTTAGE is a small extended detached house of 116m², built sometime from 2007 onwards. It was last sold for £400,000 in December 2018, which was around 24% below the average December 2018 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

PEAR TREE COTTAGE Sold Prices

Land registry data shows four sales for PEAR TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the four PEAR TREE COTTAGE 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
2018 14 DEC	£400,000	£528,519	24% below HPI
2013 25 OCT	£300,000	£375,516	20% below HPI
2010 8 OCT	£282,500	£352,234	20% below HPI
2009 15 DEC	£80,000	£314,173	75% below HPI

PEAR TREE COTTAGE 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 four PEAR TREE COTTAGE sales between December 2009 and December 2018 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 October 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is PEAR TREE COTTAGE?

PEAR TREE COTTAGE is 116m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses in Over, based on EPC data. The below chart shows the distribution of detached houses by size in Over, and where PEAR TREE COTTAGE lies on this distribution: 38% of detached houses are smaller than PEAR TREE COTTAGE, and 61% of houses are larger. Note that EPC data is not available for all properties in Over.

PEAR TREE COTTAGE: Plot and Title Map

PEAR TREE COTTAGE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of PEAR TREE COTTAGE, 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 PEAR TREE COTTAGE). 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 PEAR TREE COTTAGE?

PEAR TREE COTTAGE is located on CHAPMANS WAY in OVER, in the CB24 postcode district. The below map shows the position of PEAR TREE COTTAGE on CHAPMANS WAY.