10, ELM WAY, MELBOURN, ROYSTON, SG8 6UH - £425,000

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

10 ELM WAY is a small extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £425,000 in March 2016, which was around 11% below the average March 2016 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

10 ELM WAY Sold Prices

Land registry data shows three sales for 10 ELM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the three 10 ELM 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
2016 23 MAR	£425,000	£479,945	11% below HPI
2005 17 JUN	£254,000	£287,946	12% below HPI
1997 16 OCT	£128,450	£132,888	3% below HPI

10 ELM 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 three 10 ELM WAY sales between October 1997 and March 2016 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 June 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 10 ELM WAY?

10 ELM WAY is 116m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 10 ELM WAY lies on this distribution: 32% of detached houses are smaller than 10 ELM WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

10 ELM WAY: Plot and Title Map

10 ELM WAY sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 10 ELM 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 10 ELM 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 10 ELM WAY?

10 ELM WAY is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 10 on ELM WAY.