50, RUSSET WAY, MELBOURN, ROYSTON, SG8 6HF - £300,000

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

50 RUSSET WAY is a very small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £300,000 in October 2018, which was around 44% below the average October 2018 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

50 RUSSET WAY Sold Prices

Land registry data shows three sales for 50 RUSSET 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 50 RUSSET 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
2018 19 OCT	£300,000	£534,326	44% below HPI
2003 28 FEB	£174,995	£252,965	31% below HPI
1996 29 OCT	£53,000	£110,975	52% below HPI

50 RUSSET 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 50 RUSSET WAY sales between October 1996 and October 2018 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 February 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 50 RUSSET WAY?

50 RUSSET WAY is 86m² according to the EPC inspection conducted in October 2017. 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 50 RUSSET WAY lies on this distribution: 12% of detached houses are smaller than 50 RUSSET WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

50 RUSSET WAY: Plot and Title Map

50 RUSSET WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 50 RUSSET 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 50 RUSSET 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 50 RUSSET WAY?

50 RUSSET WAY is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 50 on RUSSET WAY.