3, MEADOW FARM CLOSE, OAKINGTON, CAMBRIDGE, CB24 3AS - £455,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MEADOW FARM CLOSE is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £455,000 in April 2021, which was around 13% below the average April 2021 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was A.

3 MEADOW FARM CLOSE Sold Prices

Land registry data shows two sales for 3 MEADOW FARM CLOSE 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 3 MEADOW FARM CLOSE 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 9 APR	£455,000	£521,916	13% below HPI
2020 17 JAN	£178,600	£533,019	66% below HPI

3 MEADOW FARM CLOSE 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 3 MEADOW FARM CLOSE sales from January 2020 and April 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 2020 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the April 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 MEADOW FARM CLOSE?

3 MEADOW FARM CLOSE is 79m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Oakington, based on EPC data. The below chart shows the distribution of detached houses by size in Oakington, and where 3 MEADOW FARM CLOSE lies on this distribution: 17% of detached houses are smaller than 3 MEADOW FARM CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Oakington.

3 MEADOW FARM CLOSE: Plot and Title Map

3 MEADOW FARM CLOSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 3 MEADOW FARM CLOSE, 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 MEADOW FARM CLOSE). 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 MEADOW FARM CLOSE?

3 MEADOW FARM CLOSE is located in OAKINGTON, in the CB24 postcode district. The below map shows the position of No. 3 on MEADOW FARM CLOSE.