12, FORDHAM WAY, MELBOURN, ROYSTON, SG8 6JB - £435,000

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 FORDHAM WAY is a large extended semi-detached house of 159m², built sometime between 1950 and 1966, which could now be worth an estimated £504,558. It was last sold for £435,000 in February 2021, which was around 25% above the average February 2021 semi-detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

12 FORDHAM WAY Sold Prices

Land registry data shows three sales for 12 FORDHAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Cambridgeshire local authority area for the corresponding sale date. Two of the three 12 FORDHAM WAY sales were for above the average price, whilst one was 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 19 FEB	£435,000	£347,576	25% above HPI
2019 15 FEB	£290,000	£331,468	13% below HPI
2014 18 FEB	£295,000	£248,194	19% above HPI

12 FORDHAM WAY 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 three 12 FORDHAM WAY sales between February 2014 and February 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 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 12 FORDHAM WAY be worth now?

12 FORDHAM WAY might now be worth an estimated £504,558.

This is based on house price inflation of 16%, between February 2021 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 16% inflationary increase is applied to the most recent sale price for 12 FORDHAM WAY of £435,000 on 19th February 2021. For the value to have increased from £435,000 to £504,558 over the four years to February 2025, the following assumptions must hold true:

• The value of 12 FORDHAM WAY has moved in line with the HPI for semi-detached houses in the South Cambridgeshire local authority area.
• The February 2021 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FORDHAM WAY has not materially changed since February 2021.

How Large is 12 FORDHAM WAY?

12 FORDHAM WAY is 159m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% 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 FORDHAM WAY lies on this distribution: 64% of semi-detached houses houses are smaller than 12 FORDHAM WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

12 FORDHAM WAY: Plot and Title Map

12 FORDHAM WAY sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 12 FORDHAM 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 12 FORDHAM 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 12 FORDHAM WAY?

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