2, NEW ROAD, MELBOURN, ROYSTON, SG8 6BX - £415,000

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

2 NEW ROAD is a very large extended detached house of 206m², built sometime between 2003 and 2006. It was last sold for £415,000 in February 2005, which was around 48% above the average February 2005 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2024, where the current energy rating was B, and the potential energy rating was B.

2 NEW ROAD Sold Prices

Land registry data shows two sales for 2 NEW ROAD 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 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
2005 28 FEB	£415,000	£280,590	48% above HPI
2000 3 NOV	£365,000	£191,455	91% above HPI

2 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 two 2 NEW ROAD sales from November 2000 and February 2005 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 November 2000 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the February 2005 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 2 NEW ROAD?

2 NEW ROAD is 206m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 20% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 2 NEW ROAD lies on this distribution: 88% of detached houses are smaller than 2 NEW ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

2 NEW ROAD: Plot and Title Map

2 NEW ROAD sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of 2 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 2 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 2 NEW ROAD?

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