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
44 MEDCALFE WAY is a very small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £345,000 in November 2021, which was around 38% below the average November 2021 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 44 MEDCALFE WAY since 1st 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 44 MEDCALFE 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 |
---|---|---|---|
2021 5 NOV | £345,000 | £554,408 | 38% below HPI |
2004 19 MAR | £175,000 | £281,072 | 38% below HPI |
The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The two 44 MEDCALFE WAY sales from March 2004 and November 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 March 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2021 sale, which was also at 38% below the HPI.
44 MEDCALFE WAY is 87m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 44 MEDCALFE WAY lies on this distribution: 13% of detached houses are smaller than 44 MEDCALFE WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Melbourn.
44 MEDCALFE WAY sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 44 MEDCALFE 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 44 MEDCALFE 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.
44 MEDCALFE WAY is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 44 on MEDCALFE WAY.