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
7 ROYAL WAY is a large extended detached house of 150m². It was last sold for £689,000 in May 2023, which was around 28% below the average May 2023 detached price in the Cambridge local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 7 ROYAL WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. Both of the two 7 ROYAL 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 |
---|---|---|---|
2023 4 MAY | £689,000 | £962,443 | 28% below HPI |
2013 13 AUG | £480,000 | £614,671 | 22% below HPI |
The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The two 7 ROYAL WAY sales from August 2013 and May 2023 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 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
7 ROYAL WAY is 150m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 40% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 7 ROYAL WAY lies on this distribution: 63% of detached houses are smaller than 7 ROYAL WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Cambridge.
7 ROYAL WAY sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 7 ROYAL 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 7 ROYAL 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.
7 ROYAL WAY is located in TRUMPINGTON, in the CB2 postcode district. The below map shows the position of No. 7 on ROYAL WAY.