2, MERE WAY, CAMBRIDGE, CB4 2JN - £312,804

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 MERE WAY is a very small terraced house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £348,222. It was last sold for £312,804 in April 2018, which was around 31% below the average April 2018 terraced price in the Cambridge local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

2 MERE WAY Sold Prices

Land registry data shows four sales for 2 MERE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cambridge local authority area for the corresponding sale date. All of the four 2 MERE 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
2018 25 APR	£312,804	£452,803	31% below HPI
2007 17 AUG	£199,000	£278,431	29% below HPI
1999 9 JUL	£81,000	£105,098	23% below HPI
1996 3 JUN	£53,000	£73,505	28% below HPI

2 MERE WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cambridge local authority area over time, sourced from the HPI. The four 2 MERE WAY sales between June 1996 and April 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% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 MERE WAY be worth now?

2 MERE WAY might now be worth an estimated £348,222.

This is based on house price inflation of 11.3%, between April 2018 and June 2025, for terraced houses, in the Cambridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.3% inflationary increase is applied to the most recent sale price for 2 MERE WAY of £312,804 on 25th April 2018. For the value to have increased from £312,804 to £348,222 over the six years and ten months to June 2025, the following assumptions must hold true:

• The value of 2 MERE WAY has moved in line with the HPI for terraced houses in the Cambridge local authority area.
• The April 2018 sale price of £312,804 represented a fair market value for the property.
• The size, condition, and specification of 2 MERE WAY has not materially changed since April 2018.

How Large is 2 MERE WAY?

2 MERE WAY is 71m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of terraced houses houses in Cambridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cambridge, and where 2 MERE WAY lies on this distribution: 5% of terraced houses houses are smaller than 2 MERE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

2 MERE WAY: Plot and Title Map

2 MERE WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 2 MERE 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 MERE 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 MERE WAY?

2 MERE WAY is located in CAMBRIDGE, in the CB4 postcode district. The below map shows the position of No. 2 on MERE WAY.