4, MCCRAE CLOSE, ROYSTON, SG8 5FU - £345,000

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.

4 MCCRAE CLOSE is a very small terraced house of 96m², built in 2016, which could now be worth an estimated £389,589. It was last sold for £345,000 in August 2021, which was around 4% above the average August 2021 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was B, and the potential energy rating was B.

4 MCCRAE CLOSE Sold Prices

Land registry data shows two sales for 4 MCCRAE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 4 MCCRAE CLOSE sales were for above 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
2021 25 AUG	£345,000	£331,343	4% above HPI
2016 30 JUN	£319,000	£294,256	8% above HPI

4 MCCRAE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 4 MCCRAE CLOSE sales from June 2016 and August 2021 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 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 4 MCCRAE CLOSE be worth now?

4 MCCRAE CLOSE might now be worth an estimated £389,589.

This is based on house price inflation of 12.9%, between August 2021 and May 2026, for terraced houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.9% inflationary increase is applied to the most recent sale price for 4 MCCRAE CLOSE of £345,000 on 25th August 2021. For the value to have increased from £345,000 to £389,589 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 4 MCCRAE CLOSE has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The August 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MCCRAE CLOSE has not materially changed since August 2021.

How Large is 4 MCCRAE CLOSE?

4 MCCRAE CLOSE is 96m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of terraced houses houses in Royston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Royston, and where 4 MCCRAE CLOSE lies on this distribution: 20% of terraced houses houses are smaller than 4 MCCRAE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Royston.

4 MCCRAE CLOSE: Plot and Title Map

4 MCCRAE CLOSE sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 4 MCCRAE 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 4 MCCRAE 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 4 MCCRAE CLOSE?

4 MCCRAE CLOSE is located in ROYSTON, in the SG8 postcode district. The below map shows the position of No. 4 on MCCRAE CLOSE.