14, RUSSET WAY, MELBOURN, ROYSTON, SG8 6HE - £280,000

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.

14 RUSSET WAY is a very small extended semi-detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £359,578. It was last sold for £280,000 in May 2016, which was around 11% below the average May 2016 semi-detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

14 RUSSET WAY Sold Prices

Land registry data shows three sales for 14 RUSSET WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the three 14 RUSSET 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
2016 27 MAY	£280,000	£313,933	11% below HPI
2007 31 AUG	£220,000	£229,768	4% below HPI
1998 9 JUN	£69,000	£85,635	19% below HPI

14 RUSSET WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The three 14 RUSSET WAY sales between June 1998 and May 2016 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 14 RUSSET WAY be worth now?

14 RUSSET WAY might now be worth an estimated £359,578.

This is based on house price inflation of 28.4%, between May 2016 and February 2025, for semi-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 28.4% inflationary increase is applied to the most recent sale price for 14 RUSSET WAY of £280,000 on 27th May 2016. For the value to have increased from £280,000 to £359,578 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 14 RUSSET WAY has moved in line with the HPI for semi-detached houses in the South Cambridgeshire local authority area.
• The May 2016 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 14 RUSSET WAY has not materially changed since May 2016.

How Large is 14 RUSSET WAY?

14 RUSSET WAY is 94m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of semi-detached houses houses in Melbourn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melbourn, and where 14 RUSSET WAY lies on this distribution: 17% of semi-detached houses houses are smaller than 14 RUSSET WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

14 RUSSET WAY: Plot and Title Map

14 RUSSET WAY sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 14 RUSSET 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 14 RUSSET 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.

Where is 14 RUSSET WAY?

14 RUSSET WAY is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 14 on RUSSET WAY.