25, MERE WAY, CAMBRIDGE, CB4 2JP - £342,500

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.

25 MERE WAY is a very small terraced house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £334,442. It was last sold for £342,500 in May 2023, which was around 31% below the average May 2023 terraced price in the Cambridge local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

25 MERE WAY Sold Prices

Land registry data shows one sale for 25 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
2023 19 MAY	£342,500	£495,745	31% below HPI

What might 25 MERE WAY be worth now?

25 MERE WAY might now be worth an estimated £334,442.

This is based on house price deflation of 2.4%, between May 2023 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 2.4% deflationary decrease is applied to the most recent sale price for 25 MERE WAY of £342,500 on 19th May 2023. For the value to have decreased from £342,500 to £334,442 over the three years to May 2026, the following assumptions must hold true:

• The value of 25 MERE WAY has moved in line with the HPI for terraced houses in the Cambridge local authority area.
• The May 2023 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 25 MERE WAY has not materially changed since May 2023.

How Large is 25 MERE WAY?

25 MERE WAY is 64m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of terraced houses in Cambridge, based on EPC data. The below chart shows the distribution of terraced houses by size in Cambridge, and where 25 MERE WAY lies on this distribution: 14% of terraced houses are smaller than 25 MERE WAY, and 84% of terraced houses are larger. Note that EPC data is not available for all properties in Cambridge.

25 MERE WAY: Plot

25 MERE WAY sits on a plot of roughly 0.069 of an acre, or 279m².

Where is 25 MERE WAY?

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