38, HALE CLOSE, MELBOURN, ROYSTON, SG8 6ET - £345,000

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

38 HALE CLOSE is a small extended semi-detached house of 111m², built sometime between 1967 and 1975. It was last sold for £345,000 in September 2014, which was around 17% below the average September 2014 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

38 HALE CLOSE Sold Prices

Land registry data shows three sales for 38 HALE CLOSE 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 38 HALE 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
2014 5 SEP	£345,000	£414,888	17% below HPI
1998 19 JAN	£111,000	£134,852	18% below HPI
1995 21 JUL	£93,500	£108,719	14% below HPI

38 HALE 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 three 38 HALE CLOSE sales between July 1995 and September 2014 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 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 38 HALE CLOSE?

38 HALE CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in April 2014. 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 38 HALE CLOSE lies on this distribution: 28% of detached houses are smaller than 38 HALE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

38 HALE CLOSE: Plot and Title Map

38 HALE CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 38 HALE 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 38 HALE 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 38 HALE CLOSE?

38 HALE CLOSE is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 38 on HALE CLOSE.