37, MERLE WAY, LOWER CAMBOURNE, CAMBRIDGE, CB23 6FE - £660,000

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

37 MERLE WAY is a very large extended detached house of 214m², built sometime between 2003 and 2006. It was last sold for £660,000 in March 2024, which was around 13% above the average March 2024 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

37 MERLE WAY Sold Prices

Land registry data shows three sales for 37 MERLE WAY 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 37 MERLE WAY 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
2024 8 MAR	£660,000	£582,204	13% above HPI
2019 24 MAY	£593,000	£511,619	16% above HPI
2015 21 MAY	£540,000	£431,473	25% above HPI

37 MERLE 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 three 37 MERLE WAY sales between May 2015 and March 2024 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 May 2019 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2024 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 37 MERLE WAY?

37 MERLE WAY is 214m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of detached houses in Cambourne, based on EPC data. The below chart shows the distribution of detached houses by size in Cambourne, and where 37 MERLE WAY lies on this distribution: 95% of detached houses are smaller than 37 MERLE WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Cambourne.

37 MERLE WAY: Plot and Title Map

37 MERLE WAY sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 37 MERLE 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 37 MERLE 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 37 MERLE WAY?

37 MERLE WAY is located in LOWER CAMBOURNE, in the CB23 postcode district. The below map shows the position of No. 37 on MERLE WAY.