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And because the homes at Papermill Lock are all brand new, they offer even better value for money for buyers, with no maintenance or DIY to worry about, and the benefit of a two-year Taylor Wimpey guarantee plus a 10-year warranty from the National House-Building Council (NHBC).

Stacy Dornan, Associate Regional Sales and Marketing Director for the leading housebuilder, says: “The difference in house prices, even in the space of a few miles, is quite staggering. It means that by moving to a location just up the road, people can either enjoy a far bigger property for their money, or reduce their monthly mortgage payments considerably.

“We are finding more and more people are moving to developments such as Papermill Lock because they offer great value for money, a pleasant location and a better quality of life.”

With generous accommodation laid out across three floors, the ‘Mayflower’ is an outstanding choice for growing families, couples or professionals looking for a better ‘pound-to-property’ ratio within easy reach of Cambridge.

At its heart is a spacious kitchen/dining room with breakfast bar and French doors to the private rear garden, while the ground floor also includes a guest cloakroom and an integrated garage with access from the entrance hallway.

Upstairs, the first-floor landing leads to a light and airy lounge with a panoramic contemporary bay window and Juliet balcony, as well as two good-sized bedrooms and a main bathroom

The gorgeous master and second bedrooms – each with en-suite – share the space and tranquillity of the top floor.

Like all new homes at Papermill Lock, the ‘Mayflower’ is completed to a high standard specification, including central heating, double glazing and fitted kitchen with built-in oven, hob and hood.

Buyers can also add their own interior finishing touches by choosing from Taylor Wimpey’s superb Options range, including flooring, carpets, kitchen units and appliances – which will be expertly fitted by the time the property is ready to move into.

To get a taste for what can be achieved, visitors can see inside an amazing ‘Mayflower’ showhome, which has been beautifully decorated with the latest interior designs and fitted with stylish contemporary furnishings.

Papermill Lock, built on the site of the Samuel Jones Paper Mill in a peaceful rural setting next to the River Great Ouse, offers a choice of one and two-bedroom apartments and two, three and four-bedroom houses.

The development is situated in the quiet village of Little Paxton, on the outskirts of St Neots – a thriving Cambridgeshire town with a bustling weekly market, regular farmers’ markets and a wealth of open space, parkland and riverside walks.

St Neots is also a popular spot for commuters, with regular services from the town’s railway station putting London’s King’s Cross less than 40 minutes away, and the A1 for London and Peterborough, the A428 for Cambridge and the A14 for the Midlands and East Anglia all within easy reach.

The town also offers plenty of leisure opportunities to keep residents of all ages occupied.

Riverside Park, close to the town centre, is set in 72 acres with a waterside frontage, a pitch-and-putt golf course and children’s play areas, a boating lake and a skateboarding complex – and is a great place to listen to relaxing live music on summer Sundays.

The Priory Centre hosts everything from theatre productions to discos as well as an annual folk music festival, while St Neots leisure centre offers tennis, badminton and squash courts, a swimming pool and sauna, a fitness studio and outdoor sports pitches.

To find out more about great-value living at Papermill Lock, visit the Sales Centre and showhome, located off Mill Lane, Little Paxton, St Neots, and open Thursday to Sunday from 10am to 5pm and Monday from 1.30pm to 5pm. Alternatively, the Sales Executive can be contacted on 0845 072 6461.

Further information on Taylor Wimpey developments across the region is available by calling 01284 773800 or by visiting the website at www.taylorwimpey.co.uk

* According to property search website www.home.co.uk, the average price of a four-bedroom home on the market in Cambridge was £400,045 on 30th December 2009.