12, CEDAR CLOSE, MELBOURN, ROYSTON, SG8 6BL - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 CEDAR CLOSE is a very small extended semi-detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £412,455. It was last sold for £310,000 in November 2015, which was around 2% above the average November 2015 semi-detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

12 CEDAR CLOSE Sold Prices

Land registry data shows four sales for 12 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Cambridgeshire local authority area for the corresponding sale date. Most of the four 12 CEDAR CLOSE sales were for above 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
2015 12 NOV	£310,000	£303,010	2% above HPI
2006 26 MAY	£195,000	£203,340	4% below HPI
2003 23 MAY	£168,500	£167,413	1% above HPI
1998 22 JAN	£86,000	£83,124	3% above HPI

12 CEDAR CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The four 12 CEDAR CLOSE sales between January 1998 and November 2015 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2015 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 12 CEDAR CLOSE be worth now?

12 CEDAR CLOSE might now be worth an estimated £412,455.

This is based on house price inflation of 33.1%, between November 2015 and February 2025, for semi-detached houses, in the South Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.1% inflationary increase is applied to the most recent sale price for 12 CEDAR CLOSE of £310,000 on 12th November 2015. For the value to have increased from £310,000 to £412,455 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 CEDAR CLOSE has moved in line with the HPI for semi-detached houses in the South Cambridgeshire local authority area.
• The November 2015 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CEDAR CLOSE has not materially changed since November 2015.

How Large is 12 CEDAR CLOSE?

12 CEDAR CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of semi-detached houses houses in Melbourn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melbourn, and where 12 CEDAR CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 12 CEDAR CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

12 CEDAR CLOSE: Plot and Title Map

12 CEDAR CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 12 CEDAR 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 12 CEDAR 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 12 CEDAR CLOSE?

12 CEDAR CLOSE is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 12 on CEDAR CLOSE.