18, MERE WAY, CAMBRIDGE, CB4 2JN - £325,000

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.

18 MERE WAY is a large extended terraced house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £343,550. It was last sold for £325,000 in September 2018, which was around 29% below the average September 2018 terraced price in the Cambridge local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

18 MERE WAY Sold Prices

Land registry data shows one sale for 18 MERE WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Cambridge local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 20 SEP	£325,000	£457,943	29% below HPI

What might 18 MERE WAY be worth now?

18 MERE WAY might now be worth an estimated £343,550.

This is based on house price inflation of 5.7%, between September 2018 and May 2026, 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 5.7% inflationary increase is applied to the most recent sale price for 18 MERE WAY of £325,000 on 20th September 2018. For the value to have increased from £325,000 to £343,550 over the eight years and four months to May 2026, the following assumptions must hold true:

• The value of 18 MERE WAY has moved in line with the HPI for terraced houses in the Cambridge local authority area.
• The September 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MERE WAY has not materially changed since September 2018.

How Large is 18 MERE WAY?

18 MERE WAY is 119m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 30% of terraced houses in Cambridge, based on EPC data. The below chart shows the distribution of terraced houses by size in Cambridge, and where 18 MERE WAY lies on this distribution: 78% of terraced houses are smaller than 18 MERE WAY, and 21% of terraced houses are larger. Note that EPC data is not available for all properties in Cambridge.

18 MERE WAY: Plot

18 MERE WAY sits on a plot of roughly 0.057 of an acre, or 229m².

Where is 18 MERE WAY?

18 MERE WAY is located in CAMBRIDGE, in the CB4 postcode district.