7, THATCHER STANFORDS CLOSE, MELBOURN, ROYSTON, SG8 6DT - £640,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 THATCHER STANFORDS CLOSE is a large detached house of 183m², built sometime between 1991 and 1995, which could now be worth an estimated £727,224. It was last sold for £640,000 in February 2020, which was around 15% above the average February 2020 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

7 THATCHER STANFORDS CLOSE Sold Prices

Land registry data shows three sales for 7 THATCHER STANFORDS CLOSE 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 7 THATCHER STANFORDS CLOSE 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
2020 28 FEB	£640,000	£558,415	15% above HPI
2005 2 DEC	£460,000	£309,578	49% above HPI
2003 24 APR	£420,000	£277,419	51% above HPI

7 THATCHER STANFORDS CLOSE 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 7 THATCHER STANFORDS CLOSE sales between April 2003 and February 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 December 2005 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the February 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 7 THATCHER STANFORDS CLOSE be worth now?

7 THATCHER STANFORDS CLOSE might now be worth an estimated £727,224.

This is based on house price inflation of 13.6%, between February 2020 and February 2025, 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 13.6% inflationary increase is applied to the most recent sale price for 7 THATCHER STANFORDS CLOSE of £640,000 on 28th February 2020. For the value to have increased from £640,000 to £727,224 over the five years to February 2025, the following assumptions must hold true:

• The value of 7 THATCHER STANFORDS CLOSE has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The February 2020 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THATCHER STANFORDS CLOSE has not materially changed since February 2020.

How Large is 7 THATCHER STANFORDS CLOSE?

7 THATCHER STANFORDS CLOSE is 183m² according to the EPC inspection conducted in July 2019. This puts it in the largest 30% of detached houses houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melbourn, and where 7 THATCHER STANFORDS CLOSE lies on this distribution: 78% of detached houses houses are smaller than 7 THATCHER STANFORDS CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

7 THATCHER STANFORDS CLOSE: Plot and Title Map

7 THATCHER STANFORDS CLOSE sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 7 THATCHER STANFORDS CLOSE, 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 THATCHER STANFORDS CLOSE). 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 THATCHER STANFORDS CLOSE?

7 THATCHER STANFORDS CLOSE is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 7 on THATCHER STANFORDS CLOSE.