40, MELBOURN ROAD, ROYSTON, SG8 7DF - £725,000

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

40 MELBOURN ROAD is a midsized extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £725,000 in March 2021, which was around 14% above the average March 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

40 MELBOURN ROAD Sold Prices

Land registry data shows three sales for 40 MELBOURN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. One of the three 40 MELBOURN ROAD sales was for above the average price, whilst two 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 19 MAR	£725,000	£636,751	14% above HPI
2015 18 SEP	£370,000	£531,487	30% below HPI
2000 9 JUN	£189,950	£201,899	6% below HPI

40 MELBOURN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 40 MELBOURN ROAD sales between June 2000 and March 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 September 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 40 MELBOURN ROAD?

40 MELBOURN ROAD is 113m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% of detached houses in Royston, based on EPC data. The below chart shows the distribution of detached houses by size in Royston, and where 40 MELBOURN ROAD lies on this distribution: 45% of detached houses are smaller than 40 MELBOURN ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Royston.

40 MELBOURN ROAD: Plot and Title Map

40 MELBOURN ROAD sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 40 MELBOURN ROAD, 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 40 MELBOURN ROAD). 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 40 MELBOURN ROAD?

40 MELBOURN ROAD is located in ROYSTON, in the SG8 postcode district. The below map shows the position of No. 40 on MELBOURN ROAD.