7, DRURY LANE, MELBOURN, ROYSTON, SG8 6EP - £357,500

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

7 DRURY LANE is a very small extended detached house of 60m², built sometime before 1900. It was last sold for £357,500 in August 2014, which was around 12% below the average August 2014 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was D.

7 DRURY LANE Sold Prices

Land registry data shows two sales for 7 DRURY LANE 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 7 DRURY LANE 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
2014 28 AUG	£357,500	£405,510	12% below HPI
2006 31 AUG	£315,000	£323,423	3% below HPI

7 DRURY LANE 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 7 DRURY LANE sales from August 2006 and August 2014 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 August 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 7 DRURY LANE?

7 DRURY LANE is 60m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 7 DRURY LANE lies on this distribution: 2% of detached houses are smaller than 7 DRURY LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

7 DRURY LANE: Plot and Title Map

7 DRURY LANE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 7 DRURY LANE, 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 7 DRURY LANE). 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 7 DRURY LANE?

7 DRURY LANE is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 7 on DRURY LANE.