24, CRAFT WAY, STEEPLE MORDEN, ROYSTON, SG8 0PF - £380,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 CRAFT WAY is a very small extended detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £402,474. It was last sold for £380,000 in April 2022, which was around 37% below the average April 2022 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was G, and the potential energy rating was C.

24 CRAFT WAY Sold Prices

Land registry data shows three sales for 24 CRAFT WAY 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 24 CRAFT 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
2022 29 APR	£380,000	£599,088	37% below HPI
2006 23 NOV	£249,950	£348,886	28% below HPI
2001 20 AUG	£156,000	£218,446	29% below HPI

24 CRAFT WAY 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 24 CRAFT WAY sales between August 2001 and April 2022 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 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 24 CRAFT WAY be worth now?

24 CRAFT WAY might now be worth an estimated £402,474.

This is based on house price inflation of 5.9%, between April 2022 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 5.9% inflationary increase is applied to the most recent sale price for 24 CRAFT WAY of £380,000 on 29th April 2022. For the value to have increased from £380,000 to £402,474 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 24 CRAFT WAY has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The April 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 24 CRAFT WAY has not materially changed since April 2022.

How Large is 24 CRAFT WAY?

24 CRAFT WAY is 102m², which includes three extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses houses in Steeple Morden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Steeple Morden, and where 24 CRAFT WAY lies on this distribution: 15% of detached houses houses are smaller than 24 CRAFT WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Steeple Morden.

24 CRAFT WAY: Plot and Title Map

24 CRAFT WAY sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 24 CRAFT 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 24 CRAFT 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 24 CRAFT WAY?

24 CRAFT WAY is located in STEEPLE MORDEN, in the SG8 postcode district. The below map shows the position of No. 24 on CRAFT WAY.