18, NEW ROAD, MELBOURN, ROYSTON, SG8 6BX - £1,180,000

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.

18 NEW ROAD is a very large extended detached house of 234m², built sometime before 1900, which could now be worth an estimated £1,351,959. It was last sold for £1,180,000 in July 2019, which was around 113% above the average July 2019 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was C.

18 NEW ROAD Sold Prices

Land registry data shows three sales for 18 NEW ROAD since 1^st 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 18 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
2019 1 JUL	£1,180,000	£553,814	113% above HPI
2006 5 JAN	£635,000	£317,224	100% above HPI
1997 28 FEB	£217,500	£120,583	80% above HPI

18 NEW ROAD 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 three 18 NEW ROAD sales between February 1997 and July 2019 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 January 2006 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the July 2019 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

What might 18 NEW ROAD be worth now?

18 NEW ROAD might now be worth an estimated £1,351,959.

This is based on house price inflation of 14.6%, between July 2019 and February 2025, for 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 14.6% inflationary increase is applied to the most recent sale price for 18 NEW ROAD of £1,180,000 on 1st July 2019. For the value to have increased from £1,180,000 to £1,351,959 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 18 NEW ROAD has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The July 2019 sale price of £1,180,000 represented a fair market value for the property.
• The size, condition, and specification of 18 NEW ROAD has not materially changed since July 2019.

How Large is 18 NEW ROAD?

18 NEW ROAD is 234m², which includes four extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melbourn, and where 18 NEW ROAD lies on this distribution: 92% of detached houses houses are smaller than 18 NEW ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

18 NEW ROAD: Plot and Title Map

18 NEW ROAD sits on a plot of roughly 0.292 of an acre, or 1,183m². The below map shows the location of 18 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 18 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.

Where is 18 NEW ROAD?

18 NEW ROAD is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 18 on NEW ROAD.