5, SOVEREIGN WAY, COTTENHAM, CAMBRIDGE, CB24 8XR - £215,000

5 SOVEREIGN WAY is a very small detached house of 93m², built sometime between 1991 and 1995. It was last sold for £215,000 in March 2004, which was around 24% below the average March 2004 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

5 SOVEREIGN WAY Sold Prices

Land registry data shows two sales for 5 SOVEREIGN WAY 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 5 SOVEREIGN WAY 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
2004 26 MAR	£215,000	£281,072	24% below HPI
1999 26 NOV	£138,000	£161,254	14% below HPI

5 SOVEREIGN WAY 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 5 SOVEREIGN WAY sales from November 1999 and March 2004 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 November 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2004 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 SOVEREIGN WAY?

5 SOVEREIGN WAY is 93m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses in Cottenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cottenham, and where 5 SOVEREIGN WAY lies on this distribution: 16% of detached houses are smaller than 5 SOVEREIGN WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Cottenham.

5 SOVEREIGN WAY: Plot and Title Map

5 SOVEREIGN WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 5 SOVEREIGN WAY, 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 5 SOVEREIGN WAY). 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 5 SOVEREIGN WAY?

5 SOVEREIGN WAY is located in COTTENHAM, in the CB24 postcode district. The below map shows the position of No. 5 on SOVEREIGN WAY.