40, SCHOOL LANE, LOWER CAMBOURNE, CAMBRIDGE, CB23 5DG - £326,000

40 SCHOOL LANE is a very small detached house of 105m², built sometime between 1991 and 1995. It was last sold for £326,000 in April 2018, which was around 38% below the average April 2018 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

40 SCHOOL LANE Sold Prices

Land registry data shows two sales for 40 SCHOOL 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 40 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
2018 23 APR	£326,000	£523,917	38% below HPI
2002 23 SEP	£217,950	£256,016	15% below HPI

40 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 two 40 SCHOOL LANE sales from September 2002 and April 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 September 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 40 SCHOOL LANE?

40 SCHOOL LANE is 105m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Cambourne, based on EPC data. The below chart shows the distribution of detached houses by size in Cambourne, and where 40 SCHOOL LANE lies on this distribution: 20% of detached houses are smaller than 40 SCHOOL LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Cambourne.

40 SCHOOL LANE: Plot and Title Map

40 SCHOOL LANE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 40 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 40 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 40 SCHOOL LANE?

40 SCHOOL LANE is located in LOWER CAMBOURNE, in the CB23 postcode district. The below map shows the position of No. 40 on SCHOOL LANE.