12, CROSS LANE CLOSE, ORWELL, ROYSTON, SG8 5QW - £422,000

12 CROSS LANE CLOSE is a midsized extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £422,000 in December 2018, which was around 20% below the average December 2018 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was F, and the potential energy rating was C.

12 CROSS LANE CLOSE Sold Prices

Land registry data shows five sales for 12 CROSS LANE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. Most of the five 12 CROSS LANE CLOSE 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 21 DEC	£422,000	£528,519	20% below HPI
2007 30 APR	£280,000	£329,571	15% below HPI
2001 10 JAN	£163,000	£183,068	11% below HPI
1999 15 APR	£133,500	£143,246	7% below HPI
1997 23 MAY	£124,500	£116,344	7% above HPI

12 CROSS LANE CLOSE 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 five 12 CROSS LANE CLOSE sales between May 1997 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 April 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 CROSS LANE CLOSE?

12 CROSS LANE CLOSE is 135m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of detached houses in Orwell, based on EPC data. The below chart shows the distribution of detached houses by size in Orwell, and where 12 CROSS LANE CLOSE lies on this distribution: 46% of detached houses are smaller than 12 CROSS LANE CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Orwell.

12 CROSS LANE CLOSE: Plot and Title Map

12 CROSS LANE CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 12 CROSS LANE CLOSE, 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 12 CROSS LANE CLOSE). 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 12 CROSS LANE CLOSE?

12 CROSS LANE CLOSE is located in ORWELL, in the SG8 postcode district. The below map shows the position of No. 12 on CROSS LANE CLOSE.