MERIDIAN, HOLYWELL, ST IVES, PE27 4TG - £540,000

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.

MERIDIAN is a very small extended detached house of 135m², built sometime between 1983 and 1990, which could now be worth an estimated £624,212. It was last sold for £540,000 in August 2018, which was around 31% above the average August 2018 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

MERIDIAN Sold Prices

Land registry data shows two sales for MERIDIAN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Huntingdonshire local authority area for the corresponding sale date. Both of the two MERIDIAN 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
2018 22 AUG	£540,000	£410,797	31% above HPI
2007 29 AUG	£370,000	£287,883	29% above HPI

MERIDIAN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The two MERIDIAN sales from August 2007 and August 2018 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 2007 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2018 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might MERIDIAN be worth now?

MERIDIAN might now be worth an estimated £624,212.

This is based on house price inflation of 15.6%, between August 2018 and February 2025, for detached houses, in the Huntingdonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.6% inflationary increase is applied to the most recent sale price for MERIDIAN of £540,000 on 22nd August 2018. For the value to have increased from £540,000 to £624,212 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of MERIDIAN has moved in line with the HPI for detached houses in the Huntingdonshire local authority area.
• The August 2018 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of MERIDIAN has not materially changed since August 2018.

How Large is MERIDIAN?

MERIDIAN is 135m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses houses in Holywell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holywell, and where MERIDIAN lies on this distribution: 12% of detached houses houses are smaller than MERIDIAN, and 85% of houses are larger. Note that EPC data is not available for all properties in Holywell.

MERIDIAN: Plot and Title Map

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

MERIDIAN is located in HOLYWELL, in the PE27 postcode district. The below map shows the position of MERIDIAN in HOLYWELL.