16, ELM WAY, MELBOURN, ROYSTON, SG8 6UH - £590,000

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

16 ELM WAY is a midsized detached house of 128m², built sometime between 1996 and 2002. It was last sold for £590,000 in June 2021, which was around 11% above the average June 2021 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

16 ELM WAY Sold Prices

Land registry data shows two sales for 16 ELM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. Both of the two 16 ELM WAY 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 28 JUN	£590,000	£531,990	11% above HPI
1997 28 JUL	£145,950	£121,140	20% above HPI

16 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 two 16 ELM WAY sales from July 1997 and June 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 1997 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2021 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 16 ELM WAY?

16 ELM WAY is 128m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 16 ELM WAY lies on this distribution: 43% of detached houses are smaller than 16 ELM WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

16 ELM WAY: Plot and Title Map

16 ELM WAY sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 16 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 16 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 16 ELM WAY?

16 ELM WAY is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 16 on ELM WAY.