8, MEADOWSWEET CLOSE, LOWER CAMBOURNE, CAMBRIDGE, CB23 6ET - £732,500

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.

8 MEADOWSWEET CLOSE is a very large detached house of 254m², built sometime between 2003 and 2006, which could now be worth an estimated £840,321. It was last sold for £732,500 in December 2020, which was around 32% above the average December 2020 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

8 MEADOWSWEET CLOSE Sold Prices

Land registry data shows two sales for 8 MEADOWSWEET CLOSE 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 8 MEADOWSWEET 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 18 DEC	£732,500	£553,105	32% above HPI
2003 24 JAN	£385,000	£267,083	44% above HPI

8 MEADOWSWEET 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 two 8 MEADOWSWEET CLOSE sales from January 2003 and December 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 2003 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the December 2020 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 8 MEADOWSWEET CLOSE be worth now?

8 MEADOWSWEET CLOSE might now be worth an estimated £840,321.

This is based on house price inflation of 14.7%, between December 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 14.7% inflationary increase is applied to the most recent sale price for 8 MEADOWSWEET CLOSE of £732,500 on 18th December 2020. For the value to have increased from £732,500 to £840,321 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 MEADOWSWEET CLOSE has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The December 2020 sale price of £732,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MEADOWSWEET CLOSE has not materially changed since December 2020.

How Large is 8 MEADOWSWEET CLOSE?

8 MEADOWSWEET CLOSE is 254m² according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses houses in Cambourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cambourne, and where 8 MEADOWSWEET CLOSE lies on this distribution: 99% of detached houses houses are smaller than 8 MEADOWSWEET CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Cambourne.

8 MEADOWSWEET CLOSE: Plot and Title Map

8 MEADOWSWEET CLOSE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 8 MEADOWSWEET 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 8 MEADOWSWEET 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 8 MEADOWSWEET CLOSE?

8 MEADOWSWEET CLOSE is located in LOWER CAMBOURNE, in the CB23 postcode district. The below map shows the position of No. 8 on MEADOWSWEET CLOSE.