56, MELVIN WAY, HISTON, CAMBRIDGE, CB24 9HY - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

56 MELVIN WAY is a midsized extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £500,000 in August 2020, which was around 5% below the average August 2020 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

56 MELVIN WAY Sold Prices

Land registry data shows two sales for 56 MELVIN WAY 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. One of the two 56 MELVIN WAY sales was for below the average price, whilst the other was 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
2020 10 AUG	£500,000	£527,383	5% below HPI
2012 16 JAN	£349,950	£341,456	2% above HPI

56 MELVIN 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 two 56 MELVIN WAY sales from January 2012 and August 2020 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 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 56 MELVIN WAY?

56 MELVIN WAY is 122m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses in Histon, based on EPC data. The below chart shows the distribution of detached houses by size in Histon, and where 56 MELVIN WAY lies on this distribution: 50% of detached houses are smaller than 56 MELVIN WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Histon.

56 MELVIN WAY: Plot and Title Map

56 MELVIN WAY sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 56 MELVIN 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 56 MELVIN 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 56 MELVIN WAY?

56 MELVIN WAY is located in HISTON, in the CB24 postcode district. The below map shows the position of No. 56 on MELVIN WAY.