2, CRAFT WAY, STEEPLE MORDEN, ROYSTON, SG8 0PF - £530,000

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.

2 CRAFT WAY is a very large detached house of 220m², built sometime between 1983 and 1990, which could now be worth an estimated £566,169. It was last sold for £530,000 in October 2020, which was around 6% below the average October 2020 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

2 CRAFT WAY Sold Prices

Land registry data shows two sales for 2 CRAFT WAY 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 2 CRAFT 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
2020 14 OCT	£530,000	£561,751	6% below HPI
2010 9 APR	£290,000	£353,640	18% below HPI

2 CRAFT WAY 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 2 CRAFT WAY sales from April 2010 and October 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 April 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 CRAFT WAY be worth now?

2 CRAFT WAY might now be worth an estimated £566,169.

This is based on house price inflation of 6.8%, between October 2020 and June 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 6.8% inflationary increase is applied to the most recent sale price for 2 CRAFT WAY of £530,000 on 14th October 2020. For the value to have increased from £530,000 to £566,169 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 2 CRAFT WAY has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The October 2020 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CRAFT WAY has not materially changed since October 2020.

How Large is 2 CRAFT WAY?

2 CRAFT WAY is 220m² according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses houses in Steeple Morden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Steeple Morden, and where 2 CRAFT WAY lies on this distribution: 87% of detached houses houses are smaller than 2 CRAFT WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Steeple Morden.

2 CRAFT WAY: Plot and Title Map

2 CRAFT WAY sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 2 CRAFT 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 2 CRAFT 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 2 CRAFT WAY?

2 CRAFT WAY is located in STEEPLE MORDEN, in the SG8 postcode district. The below map shows the position of No. 2 on CRAFT WAY.