18, MERIDIAN CLOSE, HARDWICK, CAMBRIDGE, CB23 7AN - £249,950

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.

18 MERIDIAN CLOSE is a very small terraced house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £344,953. It was last sold for £249,950 in September 2014, which was around 9% above the average September 2014 terraced price in the South Cambridgeshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

18 MERIDIAN CLOSE Sold Prices

Land registry data shows three sales for 18 MERIDIAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the South Cambridgeshire local authority area for the corresponding sale date. Two of the three 18 MERIDIAN CLOSE sales were for above the average price, whilst one was 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
2014 26 SEP	£249,950	£228,437	9% above HPI
2007 22 JUN	£215,000	£197,338	9% above HPI
2006 19 DEC	£181,995	£186,108	2% below HPI

18 MERIDIAN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The three 18 MERIDIAN CLOSE sales between December 2006 and September 2014 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 June 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2014 sale, which was also at 9% above the HPI.

What might 18 MERIDIAN CLOSE be worth now?

18 MERIDIAN CLOSE might now be worth an estimated £344,953.

This is based on house price inflation of 38%, between September 2014 and May 2026, for terraced 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 38% inflationary increase is applied to the most recent sale price for 18 MERIDIAN CLOSE of £249,950 on 26th September 2014. For the value to have increased from £249,950 to £344,953 over the twelve years and four months to May 2026, the following assumptions must hold true:

• The value of 18 MERIDIAN CLOSE has moved in line with the HPI for terraced houses in the South Cambridgeshire local authority area.
• The September 2014 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 18 MERIDIAN CLOSE has not materially changed since September 2014.

How Large is 18 MERIDIAN CLOSE?

18 MERIDIAN CLOSE is 74m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of terraced houses houses in Hardwick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hardwick, and where 18 MERIDIAN CLOSE lies on this distribution: 6% of terraced houses houses are smaller than 18 MERIDIAN CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Hardwick.

18 MERIDIAN CLOSE: Plot and Title Map

18 MERIDIAN CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 18 MERIDIAN 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 18 MERIDIAN 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 18 MERIDIAN CLOSE?

18 MERIDIAN CLOSE is located in HARDWICK, in the CB23 postcode district. The below map shows the position of No. 18 on MERIDIAN CLOSE.