1, GRAY ROAD, CAMBRIDGE, CB1 3TA - £505,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 GRAY ROAD is a small extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £505,000 in May 2018, which was around 41% below the average May 2018 detached price in the Cambridge local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

1 GRAY ROAD Sold Prices

Land registry data shows five sales for 1 GRAY ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. All of the five 1 GRAY ROAD 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 25 MAY	£505,000	£854,062	41% below HPI
2011 28 APR	£315,000	£520,391	39% below HPI
2006 24 NOV	£260,000	£469,817	45% below HPI
1999 31 AUG	£127,000	£223,452	43% below HPI
1995 15 MAR	£84,950	£148,305	43% below HPI

1 GRAY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The five 1 GRAY ROAD sales between March 1995 and May 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 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 1 GRAY ROAD?

1 GRAY ROAD is 110m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 1 GRAY ROAD lies on this distribution: 34% of detached houses are smaller than 1 GRAY ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

1 GRAY ROAD: Plot and Title Map

1 GRAY ROAD sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 1 GRAY ROAD, 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 1 GRAY ROAD). 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 1 GRAY ROAD?

1 GRAY ROAD is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 1 on GRAY ROAD.