1, NEALE CLOSE, CAMBRIDGE, CB1 3LE - £600,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 NEALE CLOSE is a large extended detached house of 146m², built sometime between 1967 and 1975. It was last sold for £600,000 in August 2024, which was around 38% below the average August 2024 detached price in the Cambridge local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

1 NEALE CLOSE Sold Prices

Land registry data shows three sales for 1 NEALE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cambridge local authority area for the corresponding sale date. All of the three 1 NEALE 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
2024 15 AUG	£600,000	£964,050	38% below HPI
2014 3 JUN	£440,000	£698,809	37% below HPI
2001 7 DEC	£146,500	£317,345	54% below HPI

1 NEALE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cambridge local authority area over time, sourced from the HPI. The three 1 NEALE CLOSE sales between December 2001 and August 2024 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 June 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2024 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 1 NEALE CLOSE?

1 NEALE CLOSE is 146m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 40% of detached houses in Cambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Cambridge, and where 1 NEALE CLOSE lies on this distribution: 60% of detached houses are smaller than 1 NEALE CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Cambridge.

1 NEALE CLOSE: Plot and Title Map

1 NEALE CLOSE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 1 NEALE 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 NEALE 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 NEALE CLOSE?

1 NEALE CLOSE is located in CAMBRIDGE, in the CB1 postcode district. The below map shows the position of No. 1 on NEALE CLOSE.