1, LEICESTER CLOSE, ELY, CB6 3QR - £352,000

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.

1 LEICESTER CLOSE is a very small detached house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £415,232. It was last sold for £352,000 in October 2020, which was around 16% below the average October 2020 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

1 LEICESTER CLOSE Sold Prices

Land registry data shows four sales for 1 LEICESTER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the four 1 LEICESTER CLOSE 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
2020 30 OCT	£352,000	£421,460	16% below HPI
2003 30 SEP	£174,950	£208,417	16% below HPI
1999 16 JUL	£96,000	£110,376	13% below HPI
1996 19 AUG	£73,000	£80,945	10% below HPI

1 LEICESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The four 1 LEICESTER CLOSE sales between August 1996 and October 2020 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 September 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2020 sale, which was also at 16% below the HPI.

What might 1 LEICESTER CLOSE be worth now?

1 LEICESTER CLOSE might now be worth an estimated £415,232.

This is based on house price inflation of 18%, between October 2020 and February 2025, for detached houses, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for 1 LEICESTER CLOSE of £352,000 on 30th October 2020. For the value to have increased from £352,000 to £415,232 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 LEICESTER CLOSE has moved in line with the HPI for detached houses in the East Cambridgeshire local authority area.
• The October 2020 sale price of £352,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LEICESTER CLOSE has not materially changed since October 2020.

How Large is 1 LEICESTER CLOSE?

1 LEICESTER CLOSE is 83m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses houses in Ely, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ely, and where 1 LEICESTER CLOSE lies on this distribution: 15% of detached houses houses are smaller than 1 LEICESTER CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Ely.

1 LEICESTER CLOSE: Plot and Title Map

1 LEICESTER CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 1 LEICESTER 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 1 LEICESTER 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 1 LEICESTER CLOSE?

1 LEICESTER CLOSE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 1 on LEICESTER CLOSE.