8, RUSSET WAY, MELBOURN, ROYSTON, SG8 6HE - £189,999

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.

8 RUSSET WAY is a very small semi-detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £308,626. It was last sold for £189,999 in February 2014, which was around 23% below the average February 2014 semi-detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

8 RUSSET WAY Sold Prices

Land registry data shows three sales for 8 RUSSET WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the three 8 RUSSET 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
2014 27 FEB	£189,999	£248,194	23% below HPI
2007 23 AUG	£170,000	£229,768	26% below HPI
1995 28 APR	£50,000	£68,389	27% below HPI

8 RUSSET WAY 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 three 8 RUSSET WAY sales between April 1995 and February 2014 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2014 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 RUSSET WAY be worth now?

8 RUSSET WAY might now be worth an estimated £308,626.

This is based on house price inflation of 62.4%, between February 2014 and February 2025, 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 62.4% inflationary increase is applied to the most recent sale price for 8 RUSSET WAY of £189,999 on 27th February 2014. For the value to have increased from £189,999 to £308,626 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 8 RUSSET WAY has moved in line with the HPI for semi-detached houses in the South Cambridgeshire local authority area.
• The February 2014 sale price of £189,999 represented a fair market value for the property.
• The size, condition, and specification of 8 RUSSET WAY has not materially changed since February 2014.

How Large is 8 RUSSET WAY?

8 RUSSET WAY is 61m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of semi-detached houses houses in Melbourn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melbourn, and where 8 RUSSET WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 8 RUSSET WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

8 RUSSET WAY: Plot and Title Map

8 RUSSET WAY sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 8 RUSSET 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 8 RUSSET 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 8 RUSSET WAY?

8 RUSSET WAY is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 8 on RUSSET WAY.