8, THE OAKS, MILTON, CAMBRIDGE, CB24 6ZG - £245,000

8 THE OAKS is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £245,000 in December 2011, which was around 29% below the average December 2011 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

8 THE OAKS Sold Prices

Land registry data shows five sales for 8 THE OAKS 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. All of the five 8 THE OAKS 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
2011 16 DEC	£245,000	£346,348	29% below HPI
2006 26 MAY	£215,000	£307,711	30% below HPI
1998 11 DEC	£105,500	£145,289	27% below HPI
1998 21 AUG	£100,000	£141,450	29% below HPI
1995 23 JUN	£83,000	£107,763	23% below HPI

8 THE OAKS 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 8 THE OAKS sales between June 1995 and December 2011 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 May 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2011 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 THE OAKS?

8 THE OAKS is 79m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Milton, based on EPC data. The below chart shows the distribution of detached houses by size in Milton, and where 8 THE OAKS lies on this distribution: 16% of detached houses are smaller than 8 THE OAKS, and 84% of houses are larger. Note that EPC data is not available for all properties in Milton.

8 THE OAKS: Plot and Title Map

8 THE OAKS sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 8 THE OAKS, 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 8 THE OAKS). 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 8 THE OAKS?

8 THE OAKS is located in MILTON, in the CB24 postcode district. The below map shows the position of No. 8 on THE OAKS.