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

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 MEADOW FARM CLOSE is a very small detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £526,079. It was last sold for £455,000 in April 2021, which was around 17% 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	£548,789	17% below HPI
2020 17 JAN	£178,600	£560,463	68% 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 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the April 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 MEADOW FARM CLOSE be worth now?

3 MEADOW FARM CLOSE might now be worth an estimated £526,079.

This is based on house price inflation of 15.6%, between April 2021 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 15.6% inflationary increase is applied to the most recent sale price for 3 MEADOW FARM CLOSE of £455,000 on 9th April 2021. For the value to have increased from £455,000 to £526,079 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 3 MEADOW FARM CLOSE has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The April 2021 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEADOW FARM CLOSE has not materially changed since April 2021.

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 houses in Oakington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakington, and where 3 MEADOW FARM CLOSE lies on this distribution: 16% of detached houses houses are smaller than 3 MEADOW FARM CLOSE, and 83% 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.