1, MCCRAE CLOSE, ROYSTON, SG8 5FU - £375,000

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.

1 MCCRAE CLOSE is a small semi-detached house of 99m², built in 2017, which could now be worth an estimated £407,889. It was last sold for £375,000 in June 2024, which was around 15% below the average June 2024 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.

1 MCCRAE CLOSE Sold Prices

Land registry data shows two sales for 1 MCCRAE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 1 MCCRAE CLOSE 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
2024 3 JUN	£375,000	£440,682	15% below HPI
2017 10 MAR	£339,999	£366,005	7% below HPI

1 MCCRAE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 1 MCCRAE CLOSE sales from March 2017 and June 2024 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 March 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 MCCRAE CLOSE be worth now?

1 MCCRAE CLOSE might now be worth an estimated £407,889.

This is based on house price inflation of 8.8%, between June 2024 and May 2026, for semi-detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.8% inflationary increase is applied to the most recent sale price for 1 MCCRAE CLOSE of £375,000 on 3rd June 2024. For the value to have increased from £375,000 to £407,889 over the two years and one month to May 2026, the following assumptions must hold true:

• The value of 1 MCCRAE CLOSE has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The June 2024 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MCCRAE CLOSE has not materially changed since June 2024.

How Large is 1 MCCRAE CLOSE?

1 MCCRAE CLOSE is 99m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of semi-detached houses houses in Royston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Royston, and where 1 MCCRAE CLOSE lies on this distribution: 22% of semi-detached houses houses are smaller than 1 MCCRAE CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Royston.

1 MCCRAE CLOSE: Plot and Title Map

1 MCCRAE CLOSE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 1 MCCRAE 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 1 MCCRAE 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 1 MCCRAE CLOSE?

1 MCCRAE CLOSE is located in ROYSTON, in the SG8 postcode district. The below map shows the position of No. 1 on MCCRAE CLOSE.