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
12 NEW ROAD is a very large extended detached house of 243m², built sometime before 1900. It was last sold for £1,131,600 in January 2021, which was around 113% above the average January 2021 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 12 NEW ROAD since 1st 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 12 NEW ROAD 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 |
---|---|---|---|
2021 29 JAN | £1,131,600 | £532,480 | 113% above HPI |
2007 20 JUL | £725,000 | £343,779 | 111% above HPI |
1998 10 JAN | £250,000 | £134,852 | 85% above HPI |
The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The three 12 NEW ROAD sales between January 1998 and January 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 July 2007 sale was for 111% above the HPI. So the extrapolation line tracks at 111% above the HPI over time, until the January 2021 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.
12 NEW ROAD is 243m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 10% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 12 NEW ROAD lies on this distribution: 95% of detached houses are smaller than 12 NEW ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Melbourn.
12 NEW ROAD sits on a plot of roughly 0.314 of an acre, or 1,272m². The below map shows the location of 12 NEW 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 12 NEW 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.
12 NEW ROAD is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 12 on NEW ROAD.