3, PERSE WAY, CAMBRIDGE, CB4 3SG - £471,150

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.

3 PERSE WAY is a small extended terraced house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £456,046. It was last sold for £471,150 in October 2024, which was around 10% below the average October 2024 terraced price in the Cambridge local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

3 PERSE WAY Sold Prices

Land registry data shows three sales for 3 PERSE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cambridge local authority area for the corresponding sale date. All of the three 3 PERSE 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
2024 28 OCT	£471,150	£520,768	10% below HPI
2020 4 SEP	£350,000	£464,898	25% below HPI
2018 2 FEB	£316,500	£438,172	28% below HPI

3 PERSE 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 three 3 PERSE WAY sales between February 2018 and October 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 September 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2024 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 3 PERSE WAY be worth now?

3 PERSE WAY might now be worth an estimated £456,046.

This is based on house price deflation of 3.2%, between October 2024 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 3.2% deflationary decrease is applied to the most recent sale price for 3 PERSE WAY of £471,150 on 28th October 2024. For the value to have decreased from £471,150 to £456,046 over the one year and four months to June 2025, the following assumptions must hold true:

• The value of 3 PERSE WAY has moved in line with the HPI for terraced houses in the Cambridge local authority area.
• The October 2024 sale price of £471,150 represented a fair market value for the property.
• The size, condition, and specification of 3 PERSE WAY has not materially changed since October 2024.

How Large is 3 PERSE WAY?

3 PERSE WAY is 98m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% 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 3 PERSE WAY lies on this distribution: 23% of terraced houses houses are smaller than 3 PERSE WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

3 PERSE WAY: Plot and Title Map

3 PERSE WAY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 3 PERSE 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 3 PERSE 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 3 PERSE WAY?

3 PERSE WAY is located in CAMBRIDGE, in the CB4 postcode district. The below map shows the position of No. 3 on PERSE WAY.