2, MEETING LANE, MELBOURN, ROYSTON, SG8 6AN - £237,500

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.

2 MEETING LANE is a very small detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £390,297. It was last sold for £237,500 in December 2013, which was around 38% below the average December 2013 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was A.

2 MEETING LANE Sold Prices

Land registry data shows two sales for 2 MEETING LANE 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 2 MEETING LANE 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
2013 6 DEC	£237,500	£386,112	38% below HPI
2006 13 JUL	£210,000	£331,362	37% below HPI

2 MEETING LANE 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 2 MEETING LANE sales from July 2006 and December 2013 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 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2013 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 2 MEETING LANE be worth now?

2 MEETING LANE might now be worth an estimated £390,297.

This is based on house price inflation of 64.3%, between December 2013 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 64.3% inflationary increase is applied to the most recent sale price for 2 MEETING LANE of £237,500 on 6th December 2013. For the value to have increased from £237,500 to £390,297 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 MEETING LANE has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The December 2013 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MEETING LANE has not materially changed since December 2013.

How Large is 2 MEETING LANE?

2 MEETING LANE is 65m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 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 2 MEETING LANE lies on this distribution: 3% of detached houses houses are smaller than 2 MEETING LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

2 MEETING LANE: Plot and Title Map

2 MEETING LANE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 MEETING LANE, 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 MEETING LANE). 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 MEETING LANE?

2 MEETING LANE is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 2 on MEETING LANE.