3, OAKRITS, MELDRETH, ROYSTON, SG8 6JH - £325,000

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 OAKRITS is a small extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £325,000 in April 2013, which was around 8% below the average April 2013 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was B.

3 OAKRITS Sold Prices

Land registry data shows three sales for 3 OAKRITS 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 3 OAKRITS 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
2013 19 APR	£325,000	£353,949	8% below HPI
2001 7 DEC	£210,000	£211,953	1% below HPI
1998 26 MAR	£107,500	£137,516	22% below HPI

3 OAKRITS 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 3 OAKRITS sales between March 1998 and April 2013 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 December 2001 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2013 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 OAKRITS?

3 OAKRITS is 116m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% of detached houses in Meldreth, based on EPC data. The below chart shows the distribution of detached houses by size in Meldreth, and where 3 OAKRITS lies on this distribution: 27% of detached houses are smaller than 3 OAKRITS, and 71% of houses are larger. Note that EPC data is not available for all properties in Meldreth.

3 OAKRITS: Plot and Title Map

3 OAKRITS sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 3 OAKRITS, 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 OAKRITS). 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 OAKRITS?

3 OAKRITS is located in MELDRETH, in the SG8 postcode district. The below map shows the position of No. 3 on OAKRITS.