48, HAY STREET, STEEPLE MORDEN, ROYSTON, SG8 0PE - £865,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 HAY STREET is a large extended detached house of 210m², built sometime between 1976 and 1982, which could now be worth an estimated £887,786. It was last sold for £865,000 in August 2024, which was around 36% above the average August 2024 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

48 HAY STREET Sold Prices

Land registry data shows two sales for 48 HAY STREET 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 48 HAY STREET 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 15 AUG	£865,000	£634,921	36% above HPI
1996 24 SEP	£141,250	£119,159	19% above HPI

48 HAY STREET 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 48 HAY STREET sales from September 1996 and August 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 September 1996 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2024 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 48 HAY STREET be worth now?

48 HAY STREET might now be worth an estimated £887,786.

This is based on house price inflation of 2.6%, between August 2024 and December 2024, for detached houses, in the South Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% inflationary increase is applied to the most recent sale price for 48 HAY STREET of £865,000 on 15th August 2024. For the value to have increased from £865,000 to £887,786 over the eight months to December 2024, the following assumptions must hold true:

• The value of 48 HAY STREET has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The August 2024 sale price of £865,000 represented a fair market value for the property.
• The size, condition, and specification of 48 HAY STREET has not materially changed since August 2024.

How Large is 48 HAY STREET?

48 HAY STREET is 210m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% of detached houses houses in Steeple Morden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Steeple Morden, and where 48 HAY STREET lies on this distribution: 78% of detached houses houses are smaller than 48 HAY STREET, and 22% of houses are larger. Note that EPC data is not available for all properties in Steeple Morden.

48 HAY STREET: Plot and Title Map

48 HAY STREET sits on a plot of roughly 0.245 of an acre, or 990m². The below map shows the location of 48 HAY STREET, 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 48 HAY STREET). 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 48 HAY STREET?

48 HAY STREET is located in STEEPLE MORDEN, in the SG8 postcode district. The below map shows the position of No. 48 on HAY STREET.