2, MADRAS ROAD, CAMBRIDGE, CB1 3PX - £450,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 MADRAS ROAD is a midsized extended detached house of 137m², built sometime between 1900 and 1929. It was last sold for £450,000 in June 2017, which was around 47% below the average June 2017 detached price in the Cambridge local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was C.

2 MADRAS ROAD Sold Prices

Land registry data shows three sales for 2 MADRAS 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 Cambridge local authority area for the corresponding sale date. All of the three 2 MADRAS ROAD 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
2017 2 JUN	£450,000	£851,959	47% below HPI
1996 28 JUN	£67,000	£149,134	55% below HPI
1996 5 JAN	£69,000	£147,213	53% below HPI

2 MADRAS ROAD 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 three 2 MADRAS ROAD sales between January 1996 and June 2017 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 June 1996 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the June 2017 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 MADRAS ROAD?

2 MADRAS ROAD is 137m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 2 MADRAS ROAD lies on this distribution: 54% of detached houses are smaller than 2 MADRAS ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

2 MADRAS ROAD: Plot and Title Map

2 MADRAS ROAD sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 2 MADRAS 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 2 MADRAS 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 2 MADRAS ROAD?

2 MADRAS ROAD is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 2 on MADRAS ROAD.