17, MERE WAY, CAMBRIDGE, CB4 2JP - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

17 MERE WAY is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £340,000 in January 2022, which was around 63% below the average January 2022 detached price in the Cambridge local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

17 MERE WAY Sold Prices

Land registry data shows four sales for 17 MERE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. All of the four 17 MERE 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
2022 21 JAN	£340,000	£914,184	63% below HPI
2007 19 OCT	£198,000	£507,478	61% below HPI
2004 13 FEB	£130,000	£382,725	66% below HPI
2000 25 AUG	£86,000	£273,688	69% below HPI

17 MERE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The four 17 MERE WAY sales between August 2000 and January 2022 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 October 2007 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the January 2022 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is 17 MERE WAY?

17 MERE WAY is 72m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 17 MERE WAY lies on this distribution: 5% of detached houses are smaller than 17 MERE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

17 MERE WAY: Plot and Title Map

17 MERE WAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 17 MERE 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 17 MERE 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 17 MERE WAY?

17 MERE WAY is located in CAMBRIDGE, in the CB4 postcode district. The below map shows the position of No. 17 on MERE WAY.