31, MERIDIAN CLOSE, HARDWICK, CAMBRIDGE, CB23 7AN - £360,000

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.

31 MERIDIAN CLOSE is a midsized extended semi-detached house of 115m², built sometime between 2007 and 2011, which could now be worth an estimated £414,603. It was last sold for £360,000 in November 2017, which was around 7% above the average November 2017 semi-detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

31 MERIDIAN CLOSE Sold Prices

Land registry data shows two sales for 31 MERIDIAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Cambridgeshire local authority area for the corresponding sale date. One of the two 31 MERIDIAN CLOSE sales was for above the average price, whilst the other 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
2017 6 NOV	£360,000	£336,890	7% above HPI
2007 27 APR	£199,995	£218,960	9% below HPI

31 MERIDIAN CLOSE 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 two 31 MERIDIAN CLOSE sales from April 2007 and November 2017 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2017 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 31 MERIDIAN CLOSE be worth now?

31 MERIDIAN CLOSE might now be worth an estimated £414,603.

This is based on house price inflation of 15.2%, between November 2017 and May 2026, 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 15.2% inflationary increase is applied to the most recent sale price for 31 MERIDIAN CLOSE of £360,000 on 6th November 2017. For the value to have increased from £360,000 to £414,603 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 31 MERIDIAN CLOSE has moved in line with the HPI for semi-detached houses in the South Cambridgeshire local authority area.
• The November 2017 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MERIDIAN CLOSE has not materially changed since November 2017.

How Large is 31 MERIDIAN CLOSE?

31 MERIDIAN CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 50% of semi-detached houses houses in Hardwick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hardwick, and where 31 MERIDIAN CLOSE lies on this distribution: 44% of semi-detached houses houses are smaller than 31 MERIDIAN CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Hardwick.

31 MERIDIAN CLOSE: Plot and Title Map

31 MERIDIAN CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 31 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 31 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 31 MERIDIAN CLOSE?

31 MERIDIAN CLOSE is located in HARDWICK, in the CB23 postcode district. The below map shows the position of No. 31 on MERIDIAN CLOSE.