23, VICTORIA WAY, MELBOURN, ROYSTON, SG8 6FE - £155,000

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.

23 VICTORIA WAY is a very small semi-detached house of 73m², built sometime between 2003 and 2006, which could now be worth an estimated £175,064. It was last sold for £155,000 in September 2021, which was around 57% below the average September 2021 semi-detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

23 VICTORIA WAY Sold Prices

Land registry data shows three sales for 23 VICTORIA WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the three 23 VICTORIA 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
2021 22 SEP	£155,000	£356,950	57% below HPI
2017 30 JAN	£155,000	£324,159	52% below HPI
2007 25 JUN	£87,500	£229,277	62% below HPI

23 VICTORIA WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The three 23 VICTORIA WAY sales between June 2007 and September 2021 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 2017 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the September 2021 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might 23 VICTORIA WAY be worth now?

23 VICTORIA WAY might now be worth an estimated £175,064.

This is based on house price inflation of 12.9%, between September 2021 and February 2025, for semi-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 12.9% inflationary increase is applied to the most recent sale price for 23 VICTORIA WAY of £155,000 on 22nd September 2021. For the value to have increased from £155,000 to £175,064 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 23 VICTORIA WAY has moved in line with the HPI for semi-detached houses in the South Cambridgeshire local authority area.
• The September 2021 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 23 VICTORIA WAY has not materially changed since September 2021.

How Large is 23 VICTORIA WAY?

23 VICTORIA WAY is 73m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of semi-detached houses houses in Melbourn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melbourn, and where 23 VICTORIA WAY lies on this distribution: 5% of semi-detached houses houses are smaller than 23 VICTORIA WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

23 VICTORIA WAY: Plot and Title Map

23 VICTORIA WAY sits on a plot of roughly 1.5 acres, or 6,058m². The below map shows the location of 23 VICTORIA 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 23 VICTORIA 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 23 VICTORIA WAY?

23 VICTORIA WAY is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 23 on VICTORIA WAY.