31, FORDHAM WAY, MELBOURN, ROYSTON, SG8 6JA - £390,000

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

31 FORDHAM WAY is a small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £390,000 in April 2023, which was around 35% below the average April 2023 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

31 FORDHAM WAY Sold Prices

Land registry data shows two sales for 31 FORDHAM WAY 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 31 FORDHAM WAY 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
2023 20 APR	£390,000	£599,825	35% below HPI
2003 18 NOV	£153,000	£271,695	44% below HPI

31 FORDHAM WAY 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 31 FORDHAM WAY sales from November 2003 and April 2023 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 November 2003 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 31 FORDHAM WAY?

31 FORDHAM WAY is 98m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 31 FORDHAM WAY lies on this distribution: 20% of detached houses are smaller than 31 FORDHAM WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

31 FORDHAM WAY: Plot and Title Map

31 FORDHAM WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 31 FORDHAM WAY, 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 31 FORDHAM WAY). 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 31 FORDHAM WAY?

31 FORDHAM WAY is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 31 on FORDHAM WAY.