3, DRURY LANE, MELBOURN, ROYSTON, SG8 6EP - £345,000

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

3 DRURY LANE is a very small detached house of 56m², built sometime before 1900. It was last sold for £345,000 in October 2010, which was around 2% below the average October 2010 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

3 DRURY LANE Sold Prices

Land registry data shows five sales for 3 DRURY LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. Most of the five 3 DRURY LANE 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
2010 1 OCT	£345,000	£352,234	2% below HPI
2007 27 JUL	£350,000	£343,779	2% above HPI
2003 2 MAY	£270,500	£265,776	2% above HPI
2000 28 APR	£165,000	£172,483	4% below HPI
1996 4 APR	£113,000	£108,958	4% above HPI

3 DRURY 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 five 3 DRURY LANE sales between April 1996 and October 2010 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 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2010 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 3 DRURY LANE?

3 DRURY LANE is 56m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 3 DRURY LANE lies on this distribution: 1% of detached houses are smaller than 3 DRURY LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

3 DRURY LANE: Plot and Title Map

3 DRURY LANE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 3 DRURY 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 3 DRURY 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 3 DRURY LANE?

3 DRURY LANE is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 3 on DRURY LANE.