2, HALE CLOSE, MELBOURN, ROYSTON, SG8 6ET - £531,000

2 HALE CLOSE is a midsized extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £531,000 in May 2021, which was around 1% above the average May 2021 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

2 HALE CLOSE Sold Prices

Land registry data shows four sales for 2 HALE CLOSE 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. Most of the four 2 HALE 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
2021 28 MAY	£531,000	£527,335	1% above HPI
2015 27 FEB	£296,000	£439,064	33% below HPI
2000 11 JUL	£133,500	£183,420	27% below HPI
1997 27 AUG	£94,500	£124,829	24% below HPI

2 HALE 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 four 2 HALE CLOSE sales between August 1997 and May 2021 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 February 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 2 HALE CLOSE?

2 HALE CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 50% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 2 HALE CLOSE lies on this distribution: 54% of detached houses are smaller than 2 HALE CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

2 HALE CLOSE: Plot and Title Map

2 HALE CLOSE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 2 HALE 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 2 HALE 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 2 HALE CLOSE?

2 HALE CLOSE is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 2 on HALE CLOSE.