3, CHELSEA MEWS, BERMUDA ROAD, CAMBRIDGE, CB4 3JY - £340,000

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.

3 CHELSEA MEWS is a very small terraced house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £330,197. It was last sold for £340,000 in September 2022, which was around 34% below the average September 2022 terraced price in the Cambridge local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

3 CHELSEA MEWS Sold Prices

Land registry data shows two sales for 3 CHELSEA MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cambridge local authority area for the corresponding sale date. Both of the two 3 CHELSEA MEWS 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 9 SEP	£340,000	£519,038	34% below HPI
2006 10 MAR	£185,000	£230,475	20% below HPI

3 CHELSEA MEWS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cambridge local authority area over time, sourced from the HPI. The two 3 CHELSEA MEWS sales from March 2006 and September 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 March 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 3 CHELSEA MEWS be worth now?

3 CHELSEA MEWS might now be worth an estimated £330,197.

This is based on house price deflation of 2.9%, between September 2022 and June 2025, for terraced houses, in the Cambridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.9% deflationary decrease is applied to the most recent sale price for 3 CHELSEA MEWS of £340,000 on 9th September 2022. For the value to have decreased from £340,000 to £330,197 over the three years and three months to June 2025, the following assumptions must hold true:

• The value of 3 CHELSEA MEWS has moved in line with the HPI for terraced houses in the Cambridge local authority area.
• The September 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHELSEA MEWS has not materially changed since September 2022.

How Large is 3 CHELSEA MEWS?

3 CHELSEA MEWS is 65m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of terraced houses houses in Cambridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cambridge, and where 3 CHELSEA MEWS lies on this distribution: 4% of terraced houses houses are smaller than 3 CHELSEA MEWS, and 96% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

3 CHELSEA MEWS: Plot and Title Map

3 CHELSEA MEWS sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 3 CHELSEA MEWS, 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 3 CHELSEA MEWS). 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 3 CHELSEA MEWS?

3 CHELSEA MEWS is located on BERMUDA ROAD in CAMBRIDGE, in the CB4 postcode district. The below map shows the position of 3 CHELSEA MEWS on BERMUDA ROAD.